Hindustan Motors posts Rs.41.9 crore loss
Country's oldest but sick car maker Hindustan Motors Ltd on Monday said it closed last fiscal with revenue of Rs.15.10 crore and a loss of Rs.41.90 crore.
In a regulatory filing with BSE, the Rs.104.41 crore equity-based company said its accumulated losses at the end of last fiscal stands at Rs.201 crore.
The company in 2014 suspended operations in its West Bengal plant and declared a lay off at its Madhya Pradesh plant.