Sales decline 56.08% to Rs 15.32 crore
Net loss of HMT reported to Rs 25.19 crore in the quarter ended March 2015 as against net profit of Rs 198.83 crore during the previous quarter ended March 2014. Sales declined 56.08% to Rs 15.32 crore in the quarter ended March 2015 as against Rs 34.88 crore during the previous quarter ended March 2014.For the full year,net loss reported to Rs 96.56 crore in the year ended March 2015 as against net profit of Rs 87.21 crore during the previous year ended March 2014. Sales declined 23.15% to Rs 60.28 crore in the year ended March 2015 as against Rs 78.44 crore during the previous year ended March 2014.
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