Apr 05, 2017 11:57 AM IST
In an interview to CNBC-TV18, Bharat Madan, CFO of Escorts said that they expect the growth to be better next year.
- Mar 15, 2017 12:52 PM IST
The Indian tractor industry could clock strong double-digit volume growth this year provided monsoons pan out as well as expected, said Bharat Madan, CFO of Escorts in an interview to CNBC-TV18.
- Feb 10, 2017 02:26 PM IST
Government impetus on construction equipment, railways and agriculture in the Budget will keep Escorts' growth trajectory going for the next 2-3 years, says CFO Bharat Madan.
- Nov 03, 2016 11:43 AM IST
Speaking to CNBC-TV18, Bharat Madan, Group Financial Controller of Escorts said that retail numbers at all-time high of over 13,000 units.
- Oct 04, 2016 10:18 AM IST
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.
- Jul 29, 2016 10:34 AM IST
The tractor sales of Escorts peaked in FY14, when it sold around 69,000 tractors. Madan feels this year the company may report similar numbers. It has sold close to 16,300 tractors in the first quarter.
- Jul 04, 2016 11:00 AM IST
Bharat Madan, Group Financial Controller, Escorts is confident of the company clocking a run rate of 5000 units per month for this fiscal year.
- Mar 17, 2016 09:42 AM IST
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
- Feb 03, 2016 10:57 AM IST
Engineering and farm equipment major Escorts on Tuesday reported a 42.57 percent dip in its standalone net profit at Rs 20.49 crore for the third quarter ended December 31, 2015.
- Jan 04, 2016 11:05 AM IST
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.
- Dec 09, 2015 11:33 AM IST
In an interview to CNBC-TV18, Madan says the 12 percent volume growth during November was on expected lines, and that the long term visibility of the equipment business appeared weak
- Oct 06, 2015 08:54 AM IST
Bharat Madan, Group Financial Controller, Escorts believes that better Rabi crop this year will help improve the September sentiment and November demand will be better than last years'.
- Feb 12, 2015 11:34 AM IST
Escorts posted a 21.5 percent decline in its third quarter net profit to Rs 35.7 crore impacted by lower revenue and operating income in tractor business.
- Jan 28, 2014 01:55 PM IST
According to Madan, rise in prices and cost control have helped in increasing margins. The company is hopeful of maintaining volume growth of current levels of 14%.