HMT Q1 suffers net loss of Rs 12.95 crore

Mumbai, July 21 (UNI) The state-owned HMT Ltd has posted a net loss of Rs 12.95 crore for the quarter ended June 30 this year, as compared to net loss of Rs 1.56 crore for the corresponding quarter a year ago.

Announcing the results, the company said its total income has decreased from Rs 59.42 crore in Q1 FY 05-06 to Rs 22.54 crore for Q1 FY 06-07.

UNI SN SSS SKB1730