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Escorts Q1 results FY22: Net profit at 185.2 cr

Tractor manufacturing major Escorts recorded a two-fold jump in net profit during the quarter ended June 2021. The firm posted a 101 per cent increase in standalone net profit at Rs 185.2 crore against Rs 92.2 crore in the previous year.

Escorts Q1 results FY22: Net profit at 185.2 cr

Tractor manufacturing major Escorts recorded a two-fold jump in net profit during the quarter ended June 2021.

Infra push to drive demand for diesel engines

Factors such as demand for reliable electricity, which is growing across the world on account of industrial expansion and development of commercial infrastructure are driving the diesel power engine market.

OTR Tyre Market Insights

The OTR tyre industry in India is anticipated to exhibit significant growth by 2025, if the government targets to complete all the planned projects within the desired time frame, writes Karan Chechi.

ACE Celebrates 25 Years of Lifting India's Growth

The gala ceremony was attended by more than 1,200 key stakeholders including industry leaders, customers, suppliers, ACE employees and family members, and highlighted the company's achievements and future plans.

New Age Engines

Diesel engines are the major source of power for various machines which are utilised in construction, agricultural, automobile and industrial verticals.

Powering industry needs

Diesel engines are the major source of power for various machines which are utilised in construction, agricultural, automobile and industrial verticals. Major demand for diesel engines is generated from automotive industry, followed by commercial vehicles, agri equipment, construction equipment.

Moving Ahead

OTR tyre market is divided majorly into three segments: mining, construction and industrial equipment, agriculture vehicles and others. Mining, construction and industrial equipment such as loaders, bulldozers, tractors, forklifts, backhoe loaders, cranes, excavators, wheeled loaders, industrial trucks, skid steer loaders, etc

ICEMA Wins,Ban Dropped

Recently, the Supreme Court heard an application by the Indian Construction Equipment Manufacturers' Association (ICEMA) and the Tractor Manufacturers' Association (TMA) as they sought a clarification on the ban on the registration of BS-III vehicles after March 31, 2017.

Bearings should perform in harsh environment

Bearings should not only be capable to withstand high dynamic loads but also high vibrations, heavy shock loads, contamination, take care of shaft misalignment

Bearings for Smooth and Durable Functioning

Not as interesting or inspiring as a tiny transistor in an electronic circuit, a bearing is as important as a transistor when it comes to the smooth functioning of a machine.

Magma Fincorp mulls agri equipment financing

Magma Fincorp is contemplating to finance entire range of agricultural equipment in Punjab and Haryana. In the current financial year, the company would finance tractors, harvesters, rotavators

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