Sonia on what to expect from Escorts' Q4 numbers

  • 5 years ago
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.