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Hindustan Motors posts Rs.41.9 crore loss

  •   Mon, May 25 2015 08:28:00 PM

Mumbai, May 25 (IANS): Country's oldest but sick car maker Hindustan Motors Ltd on Monday said it closed last fiscal with revenue of Rs.15.10 crore and a loss of Rs.41.90 crore.

In a regulatory filing with BSE, the Rs.104.41 crore equity-based company said its accumulated losses at the end of last fiscal stands at Rs.201 crore.

The company in 2014 suspended operations in its West Bengal plant and declared a lay off at its Madhya Pradesh plant.

 
  

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Title: Hindustan Motors posts Rs.41.9 crore loss



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