The government-run company HMT today reported a net loss of Rs 30.90 crore for the half year ended September 30.
The same was at Rs 28.50 crore in the year ago period.
The company's net sales stood at Rs 86.50 crore for the six-month period ended September 30, 2009, against Rs 78.30 crore during the corresponding period a year ago, HMT said in a filing to the Bombay Stock Exchange (BSE).
The diversified firm, in which the government holds a 98.88 per cent stake, has presence in the business of watches, tractors, printing machinery and metal forming presses among others.
Shares of HMT closed at Rs 64.50, up 1.57 per cent on the BSE today.
