Hindustan Motors March quarter net profit at Rs 12 cr

Tags: News
Hindustan Motors today posted a net profit of Rs 12.44 crore for the quarter ended March 31.

The company had posted a net loss of Rs 1.16 crore for the same period of previous fiscal.

Net sales of the company declined to Rs 91.72 crore for the quarter while it stood at Rs 172.33 crore for the same period of previous fiscal, Hindustan Motors Ltd said in a filing to the BSE.

"Financial year 2013-14 is for six month period from October 1, 2013 to March 31, 2014 and hence the previous year's figures, which is for eighteen month period ended September 30, 2013 are not comparable," it added.

In a separate filing, the company said its board has approved to delist shares from The Calcutta Stock Exchange.

Hindustan Motors shares today closed at Rs 8.50 apiece on the BSE, up 0.71 per cent from previous close.


  • India’s economic recovery has to be consumption, and not investment, led

    It is well accepted that falling global commodity prices, especially oil, have helped the Indian economy regain lustre in the past year or so.


Stay informed on our latest news!


Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs


Amita Sharma

Smart cities for the smart citizens

The 21st century has been spoken of as the urban ...

Purnendu Ghosh

Too shy people love themselves too much

We are essentially shy people. Our extent of shyness, however, ...

Shona Adhikari

When nature and naturism have a date

DAG Modern has announced its forthcoming exhibition The Naked and ...


William D. Green

Chairman & CEO, Accenture