August 29, 2014 8:56 PM ET

Machinery

Company Overview of Escorts Construction Equipment Limited

Company Overview

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 – 58

Ballabgarh

Faridabad,  121004

India

Founded in 1970

Phone:

91 12 9230 6566

Fax:

91 12 9230 6463

Key Executives for Escorts Construction Equipment Limited

Joint Managing Director
Associate Vice President of Marketing
Age: 53
Compensation as of Fiscal Year 2014.

Escorts Construction Equipment Limited Key Developments

Escorts Construction Equipment Limited Announces Unaudited Earnings and Production Results for the Fourth Quarter and Year Ended September 30, 2013

Escorts Construction Equipment Limited announced unaudited earnings and production results for the fourth quarter and year ended September 30, 2013. For the quarter, revenue was INR 1,161.909 million against INR 1,341.472 million a year ago. Construction Equipment volume stood at 661 units against 888 units a year ago. Results were negative INR 48.022 million against INR 78.245 million a year ago. For the full year, revenue was INR 5,218.364 million against INR 7,485.913 million a year ago. The company reported Equipment volumes at 3,375 units against 5,311 units a year ago. Results were negative INR 196.927 million against results of INR 13.528 million a year ago.

Escorts Construction Equipment Limited Reports Unaudited Sales Results for the Third Quarter Ended June 30, 2013

Escorts Construction Equipment Limited reported unaudited sales results for the third quarter ended June 30, 2013. The company was impacted by the slow down in industry and saw volume drop to 718 in the third quarter of fiscal 2013. Sales stood at INR 1,093 million.

Escorts Construction Equipment Limited Reports Unaudited Earnings Results for the First Quarter Ended December 31, 2012

Escorts Construction Equipment Limited reported unaudited earnings results for the first quarter ended December 31, 2012. For the quarter, the company reported sales of INR 1,290 million compared to sales of INR 2,089 million for the same period a year ago. LBIT was INR 57 million compared to EBIT of INR 32 million last year.

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