Escorts Kubota Ltd 2020 AR2
The report highlights Escorts Limited's performance for the fiscal year 2019-20, emphasizing its resilience amidst economic slowdown and the COVID-19 pandemic. The company achieved a consolidated revenue of INR 5,810.09 crores and a profit after tax of INR 471.72 crores. Key milestones included deepening its strategic partnership with Kubota Corporation, which acquired a 10% equity stake in Escorts, and establishing the Rajan Nanda Innovation Lab to incubate disruptive technologies. In terms of sustainability, Escorts advanced its green initiatives by introducing India's first hybrid tractor and hybrid backhoe loader concepts, while also investing INR 9.85 crores in corporate social responsibility projects.
Company: Escorts Kubota Ltd
Sector: Manufacturing
Country: India
Year: 2020
Type: AR2
Pages: 284
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Escorts Kubota Ltd
Annual Report
The report highlights Escorts Limited's performance for the fiscal year 2019-20, emphasizing its resilience amidst economic slowdown and the COVID-19 pandemic. The company achieved a consolidated revenue of INR 5,810.09 crores and a profit after tax of INR 471.72 crores. Key milestones included deepening its strategic partnership with Kubota Corporation, which acquired a 10% equity stake in Escorts, and establishing the Rajan Nanda Innovation Lab to incubate disruptive technologies. In terms of sustainability, Escorts advanced its green initiatives by introducing India's first hybrid tractor and hybrid backhoe loader concepts, while also investing INR 9.85 crores in corporate social responsibility projects.
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Document Details
Report Year
2020
Reporting Period
Apr 1, 2019 - Mar 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees