Sonia on what to expect from Escorts' Q4 numbers

Sonia on what to expect from Escorts' Q4 numbers

January, February and March auto sales numbers were good for Escorts but the growth rate has slowed down quite a bit. The tractor volume growth was just 7 percent on year-on-year (YoY) basis; it slowed down to single digit and that is the reason the overall numbers might not look as good as what it was a couple of quarters ago. So on the revenue growth we are expecting about 14 percent growth because realizations have picked up on account of a better product mix.


User: CNBC-TV18

Views: 1

Uploaded: 2019-05-07

Duration: 01:28

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