Hindustan Motors reports standalone net loss of Rs 8.48 crore in the March 2016 quarter

Sales rise 171.43% to Rs 0.19 crore

Net Loss of Hindustan Motors reported to Rs 8.48 crore in the quarter ended March 2016 as against net loss of Rs 8.56 crore during the previous quarter ended March 2015. Sales rose 171.43% to Rs 0.19 crore in the quarter ended March 2016 as against Rs 0.07 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 32.04 crore in the year ended March 2016 as against net loss of Rs 41.90 crore during the previous year ended March 2015. Sales declined 98.19% to Rs 0.26 crore in the year ended March 2016 as against Rs 14.34 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.190.07 171 0.2614.34 -98 OPM %-2973.68-9557.14 --8215.38-264.02 - PBDT-8.00-8.05 1 -30.15-39.80 24 PBT-8.48-8.56 1 -32.04-41.90 24 NP-8.48-8.56 1 -32.04-41.90 24

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