Escorts Q2 net profit at Rs.67.10 million

Escorts Ltd has announced the Unaudited results for the quarter ended March 31, 2007. The Company has posted a profit after tax of Rs 67.10 million for the quarter ended March 31, 2007 as compared to net loss of Rs 161.80 million for the quarter ended March 31, 2006. Total Income has increased from Rs 4355.10 million for the quarter ended March 31, 2006 to Rs 5736.50 million for the quarter ended March 31, 2007.

The stock closed the day at Rs.124.40, down by Rs.2.50 or 1.97%. The stock hit an intraday high of Rs.129.45 and low of Rs.122.90. The total traded quantity was 138577 compared to 2 week average of 143009.

Source : Equity Bulls

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