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Hindustan Motors reports a net loss of INR 8.56 lakh in last quarter of 2014-15

Oncars India May 26, 2015 10:51 AM IST

Hindustan Motors, the manufacture of the iconic Indian car Ambassador has reported a net loss of INR 8.56 lakh in the last quarter that ended with March 2015. The company had reported a net profit of INR 12.44 crore for the same quarter of the previous fiscal. Net sales stood at INR 7 lakh for the fourth quarter, while the same was INR 91.72 crore in the same period of previous fiscal, the company said in a BSE filing.

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