.png) The company's Q3 net profit increase by 52% to Rs 140 cr. The company had posted a net profit of Rs 92 cr in the corresponding quarter last year. Total revenue increased by 38% to Rs 1680 cr, while it was Rs 1213 cr in the corresponding quarter last year. * Tractor sales rise by 36% to 25743 units. * Sales of construction equipment increase by 30% to 1413 units. Currently the outlook for the sectors is not better. Maruti, Hero, Ashok, M&M are delivering lower margin and lower sales because of the slowdown on demand. However it's a very good performance but I am still catious for demand outlook for the next 2 quarters for this sector.
| post_id | 69,633,865 |
|---|---|
| author | susantabinod |
| permlink | fy-19-q3-earnings-escorts |
| category | steemit |
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You got a 28.28% upvote from @brupvoter courtesy of @susantabinod!
| post_id | 69,636,340 |
|---|---|
| author | brupvoter |
| permlink | re-susantabinod-fy-19-q3-earnings-escorts-20190202t090625540z |
| category | steemit |
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