Escorts has just released tractor sales this morning and seen a 17 percent dip year-on-year. In an interview to CNBC-TV18, Bharat Madan, CFO of Escorts said that the dip is due to de-stocking for goods and services tax (GST).

Countdown to GST: Find out how India Inc views its impacts

Watch the interview of Kiran Mazumdar-Shaw, CMD of Biocon, Rakesh Biyani, Joint MD at Future Retail, Gnanesh Gala of Navneet Education, Harsh Mariwala of Marico, Bharat Madan, Group CFO at Escorts and KU Subbiah, CFO, VST Tillers Tractors in which they shared their views on how goods and services tax (GST) will impact businesses across the country.

Expect 12-15% volume growth in FY18: Escorts

Escorts saw strong sales growth in many as improved monsoon outlook boosted tractor sales. In an interview to CNBC-TV18, Bharat Madan, CFO of Escorts spoke about the latest happenings in his company and sector.

Will be looking at similar acquisitions after Lloyd is finalised: Havells India

On the side-lines of AIMA's event in Delhi, Ashpreet Sethi of CNBC-TV18 caught up with Pawan Munjal, MD of Hero Motocorp and Anil Rai Gupta of Havells India.

See double-digit growth in tractor industry in FY18; uptick in market share: Escorts

In an interview to CNBC-TV18, Bharat Madan, CFO of Escorts said that they expect the growth to be better next year.

Revival in tractor sales, to pick up further in March: Escorts

Speaking to CNBC-TV-18, Bharat Madan, Group Financial Controller of leading engineering conglomerate Escorts, said that a revival was witnessed in December as tractor sales beat estimates.

Escorts looks to double revenue in the next 3-4 years

In an interview with CNBC-TV18 Nikhil Nanda said that the company is at an inflection point and sees rapid growth in the coming years.

Retail numbers all-time high, expect trend to continue: Escorts

Speaking to CNBC-TV18, Bharat Madan, Group Financial Controller of Escorts said that retail numbers at all-time high of over 13,000 units.

Sentiment improving; see 15-16% industry growth in FY17: Escorts

While the strong sales number posted by Escorts in September was largely due to pre-festival exuberance, industry growth has also been fairly good for the last 5-6 months, says Bharat Madan, Group Financial Controller at Escorts.

Auto biz exited, focus now on construction, railways: Escorts

Escorts will now focus on core agriculture (tractors), construction and railways businesses says Managing Director Nikhil Nanda speaking to CNBC-TV18 after the company announced divestment of its automobile parts business.

Auto product biz sale will help concentrate on core biz: Escorts

Escorts today said that it will be divesting its OEM and export business of auto product division to Badve Engineering Ltd, Pune in an all cash deal.

Escorts sees margins rising to 7.6% by FY18

Bharat Madan, Group Financial Controller, Escorts is confident of the company clocking a run rate of 5000 units per month for this fiscal year.

Tractor business to get a push from rains: Escorts

While growth in northern market has been tepid, southern markets have been growing phenomenally, says Ravi Menon, CEO of Agri Machinery, Escorts.

See 5-8% FY17 growth; demand yet to rise in north India: Escorts

Tractor margins are expected to be at 8-9 percent in FY17, says Bharat Madan, Group Financial Controller, Escorts.

ICRA ratings upgrade will help reduce interest burden: Escorts

Following the rating upgrade on short term credit as well, the company plans to launch a commercial paper shortly, says Bharat Madan, Group Financial Controller of Escorts

Hopeful of seeing volume growth in Jan and Feb: Escorts

Bharat Madan, Group Financial Controller of Escorts, in an interview with CNBC-TV18 said that there will be an improvement in volumes for the month of January and February 2016.

Q2 volumes to remain low; expect 3-4% FY16 sales: Escorts

In an interview with CNBC-TV18, Bharat Madan, Group Financial Controller at Escorts says volume growth to remain low in the current quarter due to insufficient monsoon.

Eyeing 3-4% growth in FY15: Escorts Agri Machinery

The company just recently launched two tractor models in Bangladesh- Farmtrac 6060- Heritage series and Powertrac Diesel-Saver Plus 4450 Euro series.

See 6000 units per month run-rate by Feb, March: Escorts

Sameer Tandon, Escorts Agri Machinery is optimistic of run rate going back to 6000 units per month from the current 4000 units by February, March.

Exports only silver lining amid auto gloom: SIAM

In an interview with CNBC-TV18, Vikram Kirloskar, President of Society of Indian Automobile Manufacturers (SIAM) and Vice Chairman, Toyota Kirloskar Motor Ltd (TKML), spoke about the state of the auto industry and what it will take to kick-start growth.

Will hike price by 1.5-2% in Nov: Escorts Agri Machinery

The company sold 9,209 tractors in domestic market in October 2013 and expects its volumes to grow by 12-13 percent in this festive season.

Escorts eyes 13-14% growth, says phenomenal Sept sales rare

According to Sameer Tandon, the 33-34 percent growth seen by the company in September (YoY) may not be sustainable going ahead. However, he believes good monsoons can keep up the positive momnetum.

See margins improving on new products demand: Escorts

Despite a conitnuing slowdown seen in the auto industry, Sameer chief of sales- service and spares, Escorts expects the company to post better margins on the back of new products.

Escorts plans to launch products in premium segment

Escorts plans to focus on high value premium offerings going forward, said joint managing director Nikhil Nanda.

See 15-20% growth on waning manual labour: Escort

Rohtash Mal, executive director and CEO of Escort says that the tractor sales have been upbeat on account of a many factors, apart from the MET forecast. “Low manpower and high literacy, along with ready available finances are the drivers to the buoyant tractor sale,” he says.