Escorts Q4 earnings sees 8% increase in PAT
  • WebDesk BTVI
  • May 08 2019

Bharat Madan, Group CFO of Escorts, says auto industry has been slowing down post festive season last year. He says the firm expects Q1 to be flattish on the account of weak sales in April-May. Madan said that the firm saw improvement in tractor margins for the full year, and that the company had introduced few new products in the lower end of the segment.