Corporate News     27-Apr-22
Escorts receives upgrade in credit ratings
From CRISIL
Escorts announced that CRISIL has upgraded the company's long-term rating by one notch from "AA" to "AA+" with revision in outlook from “watch with Positive implications” to “Stable”. CRISIL has also reaffirmed its short term rating to " A1+.

Total bank facilities rates - Rs 1000 crore
Long term rating - CRISIL AA+/ Stable (upgraded from CRISIL AA/ rating watch with positive implications)
Short term rating - CRISIL A1+ (reaffirmed)

Previous News
  Escorts Kubota total sales slides 7% YoY in January 2023
 ( Hot Pursuit - 01-Feb-24   10:00 )
  Escorts consolidated net profit declines 28.07% in the March 2022 quarter
 ( Results - Announcements 13-May-22   14:49 )
  Escorts Kubota tractors sales decline 7% in Jan'24
 ( Corporate News - 01-Feb-24   09:13 )
  Escorts Kubota to table results
 ( Corporate News - 17-Oct-22   10:18 )
  Escorts
 ( Results - Analysis 08-Feb-22   20:41 )
  Escorts Kubota tractor sales jumps 19% YoY in December
 ( Hot Pursuit - 02-Jan-23   12:15 )
  Escorts Kubota's tractor sales decline by 9% YoY in April; construction equipment sales rise to 457 units
 ( Hot Pursuit - 02-May-23   10:49 )
  Escorts sells 5,693 tractors in August 2021
 ( Corporate News - 01-Sep-21   09:11 )
  Escorts Kubota appoints Harish Lalchandan as chief commercial officer-agri biz
 ( Hot Pursuit - 12-Dec-22   14:26 )
  Escorts records 15.5% growth in June tractor sales
 ( Corporate News - 01-Jul-21   10:43 )
  Escorts
 ( Analyst Meet / AGM - Conference Call 08-Feb-22   18:39 )
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