Hindustan Motors registers profit of Rs 29 lakh in Q2
It had posted a loss of Rs 30.10 crore in the July- September quarter of last fiscal
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Hindustan Motors today reported a profit of Rs 29 lakhs for the quarter ended September, 2013-14 fiscal.
It had posted a loss of Rs 30.10 crore in the July- September quarter of last fiscal, 2012-13, Hindustan Motors said in a filing to the BSE.
However, net sales of the C K Birla Group owned company decreased to Rs 102.99 crore in Q2, 2013-14, compared to Rs 131.21 crore in the same period a year ago.
The company's scrip closed today at Rs 7.69, up 3.22%, on the BSE from its previous close.
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First Published: Nov 18 2013 | 5:46 PM IST