Company Overview of Escorts Construction Equipment Limited
Escorts Construction Equipment Limited manufactures and markets construction and material handling equipment. The company offers material handling equipment, such as pick and carry cranes, slew cranes, crawler cranes, truck cranes, articulated boom cranes, tower cranes, forklift trucks, work platforms, telehandlers, and front end loaders; compaction equipment that includes tandem vibratory rollers and vibratory soil compactors; and earthmoving equipment, including backhoe loaders, wheel loaders, and motor graders. It serves customers through a network of sales offices and dealers in India. The company was formerly known as Yellow Line. The company was founded in 1970 and is based in Faridaba...
Plot No. 219
Sec Â– 58
Founded in 1970
Key Executives for Escorts Construction Equipment Limited
Associate Vice President of Marketing
Compensation as of Fiscal Year 2015.
Escorts Construction Equipment Limited Key Developments
Escorts Construction Reports Unaudited Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2014; Announces Production Results for the Second Quarter Ended September 30, 2014
Nov 5 14
Escorts Construction reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the company reported revenue of INR 1,214.871 million against INR 1,161.909 million a year ago. Loss before tax was INR 108.028 million against INR 48.022 million a year ago. This increase is the result of growing product acceptability in the market.
For the quarter, company's volume up by 13% with 747 units against 661 in the corresponding quarter in the last fiscal.
For the six months, the company reported revenue of INR 2,425.737 million against INR 2,254.780 million a year ago. Loss before tax was INR 197.764 million against INR 131.746 million a year ago.
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