Hindustan Motors posts Rs 16 cr net profit in Q3

The company had posted a net loss of Rs 24.89 crore in the corresponding period previous year, Hindustan Motors said in a filing to the Bombay Stock Exchange (BSE).

The net sales during the third quarter of this fiscal stood increased by 1.06 per cent to Rs 151.60 crore from Rs 150.01 crore in the year-ago period, it added.