Hind Motors net loss at Rs 5.38 crore

BS 200 Scorecard

C K Birla group company Hindustan Motors Ltd has reduced the losses in the second quarter of the current financial year.

It has registered a loss of Rs 5.38 crore in the quarter ended September 30, 2006, compared with Rs 17.47 crore loss in the corresponding period of the previous year.

The company's turnover registered a rise from Rs 121.75 crore in the quarter ended September 30, 2005, to Rs 162.46 crore in the same quarter of FY07.