Escorts - Result Update - Nirmal Bang

- Results were ok

- Net sales increased 23.9% YoY and 24.9% QoQ

- EBITDA improved 14.3% QoQ and 58.8% YoY

- EBITDA margins stood at 5.2% vs 4.0% in Q1SY12 and 5.6% in Q4SY12

- The stock is trading at 9.3x trailing EPS

Source : Equity Bulls

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