 |
Corporate News
01-Apr-22
|
|
|
|
|
|
|
|
|
|
|
|
Escorts Construction Equipment Segment records decline of 22.8% in March
|
|
|
|
|
|
|
|
Escorts Construction Equipment Segment (ECE) in March 2022 sold 525
machines against 680 machines sold in March 2021, recording a drop of 22.8%. For Q4 FY22, the company sold 1286 machines compared to 1604 machines in Q4 FY21. For FY22, the company achieved 5.2% growth in sales at 4117 machines compared to 3913 machines in FY21.
Construction equipment industry continues to remain subdued in March 2022, due to high base of last year, steep price increases due to emission norm changes coupled with higher inflation in commodity prices and muted rentals, impacting retails sales.
Due to Government thrust on infrastructure projects, we expect demand to start improving for construction equipment in the coming year. Inflation in commodity prices continues to be an area of concern.
|
|
|
|
Previous News |
Escorts Kubota consolidated net profit rises 125.95% in the September 2023 quarter
(
Results
-
Announcements
03-Nov-23
15:49
)
|
|
|
Stock Alert: Infosys, Indian Bank, Escorts Kubota, Biocon, Jubilant Pharmova
(
Market Commentary
-
Stock Alert
27-Sep-24
08:34
)
|
|
|
Escorts Kubota to table results
(
Corporate News
-
17-Jan-24
11:25
)
|
|
|
Escorts Kabuta tractors sales decline by 18.6% in Dec'23
(
Corporate News
-
01-Jan-24
09:46
)
|
|
|
Escorts Kubota consolidated net profit rises 1.10% in the June 2024 quarter
(
Results
-
Announcements
01-Aug-24
15:20
)
|
|
|
Escorts Kubota consolidated net profit rises 13.39% in the March 2023 quarter
(
Results
-
Announcements
10-May-23
15:40
)
|
|
|
Escorts Kubota
(
Results
-
Analysis
08-Feb-23
19:44
)
|
|
|
Escorts Kubota Q2 PAT spurts to Rs 283 cr
(
Hot Pursuit
-
03-Nov-23
16:02
)
|
|
|
Escorts Kubota
(
Results
-
Analysis
02-Aug-22
10:27
)
|
|
|
Board of Escorts Kubota appoints director cum CFO
(
Corporate News
-
08-Feb-23
19:26
)
|
|
|
Escorts Kubota skid after Q3 PAT declines 7% YoY to Rs 186 cr
(
Hot Pursuit
-
08-Feb-23
16:56
)
|
|
|
|
|
|
Other Stories |
|
|
|
|
|
|
|
|
|
|
|
|
|