Hindustan Motors Ltd Q1 net loss at Rs.9.15 Crores

Hindustan Motors Ltd has announced the following Un-Audited results for the quarter ended June 30, 2007.

The Company has posted a net loss of Rs.91.5 million for the quarter ended June 30, 2007 where as the same was at Rs.205.4 million for the quarter ended June 30, 2006. Total Income is Rs.1435.9 million for the quarter ended June 30, 2007 where as the same was at Rs.1434.2 million for the quarter ended June 30, 2006.

The company has reported an Earnings Per Share (EPS) of Rs.-0.57 for the quarter ended June 30, 2007 compared to Rs.-1.27 during quarter ended June 30, 2006.

The company’s Uttarpara Plant was under "suspension of work" and/or strike from March 13, 2007 till May 09, 2007.

The stock closed the day at Rs.32.45, down by Rs.0.05 or 0.15%. The total traded quantity was 1648339 compared to 2 week average of 681097. The stock hit an intraday high of Rs.34.10 and low of Rs.31.75.

Source : Equity Bulls

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