INDIA: Hindustan Motors posts profit of US$46,410 in Q2
Hindustan Motors' posted profit of INR2.9m (US$46,410) for the second fiscal quarter ended 30 September compared to a loss of INR301m in the same period in 2012.
Hindustan Motors’ posted profit of INR2.9m (US$46,410) for the second fiscal quarter ended 30 September compared to a loss of INR301m in the same period in 2012.
Moneycontrol.com said the company’s net sales were down 21.37% to INR1.03bn compared to INR1.31bn in the corresponding period in 2012.
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