The escorts are going to launch their Q2 performance today
NEW DELHI: The Indian engineering company, Escorts, is motivated to declare its earnings for the second quarter of today, that is, on November 2, 2019. For the quarter that ended in September 2018, Escorts reported a jump of 32.4 % in net earnings to Rs 102.7 crore.
With its approach aimed at designing strategic technological partnerships for superior efficiency and unparalleled customer service, it will be interesting to see how Escort is in the second quarter of 2019. The company has diversified its offers by presenting the concept of the hybrid tractor, the Backhoe and a rural transport vehicle in September'19. Escort showed a 27.6% drop in its PAT (profit after tax) during the first quarter of 2019. With the company's plan for an astonishing expansion in the crore range Rs 400-460 in a couple of years , industry experts are looking forward to Escort's progress report for the second quarter of 2019.