Seeing good recovery in rural market; industry will continue to do well: Bharat Madan, Escorts KubotaSo, overall, we expect it is not a major decline. It is a 0.2% decline in the market share in first quarter which we should be able to make...
02 Aug, 2024, 01.28 PM IST
Interest rate hike unlikely to impact tractor demand, says Escorts Kubota Group CFO Bharat Madan"There is a marginal impact on demand...We don't see any significant impact on the demand side because of interest rate hikes," Madan told ...
07 Aug, 2022, 10.14 AM IST
Escorts plans to raise annual tractor production capacity to 1.8 lakh units"We are already growing above pre-COVID-19 levels...Both at capacity utilisation and sales we are above pre-COVID-19 levels...Our stated ca...
15 Nov, 2020, 11.56 AM IST
Expect growth momentum to continue in next 3 quarters as well: Bharat Madan, Escorts“Sub 40-HP category is expected to be helpful in growing our market share.”
03 Jul, 2018, 05.36 PM IST
12% margin is the new normal for Escorts, says Bharat Madan"Our aim is to take the railway business to a sizable level of Rs 1000 crore plus."
18 May, 2018, 05.58 PM IST
This is the right time to get aggressive and push for rightful market share: Bharat Madan, Escorts“We are looking at creating a parallel chain network between both farmtrac and powertrac brands to get representation across all the states...
06 Mar, 2018, 05.29 PM IST
This year we can see double digit growth coming through: Bharat Madan, Escorts"Our tractor market growth has been close to 24% last year against the industry growth of 18% and in the non-tractor business and our const...
30 May, 2017, 03.28 PM IST
Too early to predict about monsoons; looking at double-digit growth in June: Bharat Madan, CFO, EscortsTill June, numbers and after that lot will depend on the monsoon really spreads out across the country.
03 Mar, 2017, 11.38 AM IST
Industry will show good growth rate but we may not be as bullish as we were in the last 8 months: Bharat Madan, Escorts"I think gradually the situation on the ground will also improve and when the sowing season is over, then the things will again start build...
04 Jan, 2017, 01.43 PM IST
Expect volume growth of 14-15 per cent in coming quarters: Bharat Madan of Escorts LimitedWe are seeing a very strong retail pick up happening in this month in the current quarter now in October so we expect H2 will likely delive...
28 Oct, 2016, 11.54 AM IST
Commodity to brand companies can be real multibaggers: Nilesh Shah, Kotak AMCI am sure we will create those farm mechanisations suitable for India which will improve our productivity. That is the need of hour for the...
10 Oct, 2016, 04.05 PM IST
We expect our overall business to grow by 8 per cent to 10 per cent in Q1: Bharat Madan, Escorts"We see very good recovery happening in the second half of this year. So, overall we are positive for this year," said Bharat Madan.
26 May, 2016, 03.06 PM IST
Sales volumes likely to be flat in FY16, but margins will expand: Bharat Madan, Escorts"In Q3 this year, we expect that things will actually start changing. There are two reasons: the first is the festive season, and the secon...
14 Sep, 2015, 11.57 AM IST
Festive demand to boost growth, margins to be in double digits by year end: Bharat Madan, Escorts Ltd"As of now, we are keeping our fingers crossed. But we really hope to see recovery in the industry in H2."
29 May, 2015, 02.47 PM IST
Chandrababu Naidu welcomes Bharat Ratna for Atal Bihari Vajpayee , Madan Mohan MalaviyaChandrababu Naidu welcomed Centre's decision to confer Bharat Ratna on former Prime Minister Atal Bihari Vajpayee and freedom fighter Madan...
24 Dec, 2014, 07.10 PM IST
Atal Bihari Vajpayee & Madan Mohan Malviya to get Bharat Ratna awardThe recommendation for Bharat Ratna is made by the Prime Minister himself to the President. No formal recommendation for this is necessary.
24 Dec, 2014, 12.59 PM IST
Expect 10-12% growth in tractor business in FY14: Bharat Madan, Escorts"In last three quarters, we have seen a growth of 20% plus happening in this industry. Therefore, going forward, we expect 10% to 12% growt...
30 Dec, 2013, 06.02 PM IST