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Tuesday, Aug 17, 2004
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 Corporate - Financial Performance


HMT prunes loss

Our Bureau

BANGALORE: HMT Ltd has narrowed its net loss to Rs 15.51 crore for the quarter ended June from Rs 15.94 crore losses a year ago. However, total income rose 28.25 per cent to Rs 44.12 crore (Rs 34.4 crore).

The company said that its net loss of the 2003-04 fiscal shrunk considerably to Rs 7.97 crore from Rs 34.41 crore a year ago. However, total income fell 12.26 per cent to Rs 180.33 crore (Rs 205.53 crore).

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