Hindustan Motors reports standalone net loss of Rs 8.56 crore in the March 2015 quarter

Sales decline 99.92% to Rs 0.07 crore

Net loss of Hindustan Motors reported to Rs 8.56 crore in the quarter ended March 2015 as against net profit of Rs 12.44 crore during the previous quarter ended March 2014. Sales declined 99.92% to Rs 0.07 crore in the quarter ended March 2015 as against Rs 91.72 crore during the previous quarter ended March 2014.

For the full year,net loss reported to Rs 41.90 crore in the year ended March 2015 as against net loss of Rs 3.07 crore during the previous year ended March 2014. Sales declined 92.01% to Rs 14.34 crore in the year ended March 2015 as against Rs 179.53 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales0.0791.72 -100 14.34179.53 -92 OPM %-9557.14-23.90 --264.02-24.93 - PBDT-8.05-72.18 89 -39.80-95.01 58 PBT-8.56-76.55 89 -41.90-103.45 59 NP-8.5612.44 PL -41.90-3.07 -1265

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