Auto maker Hindustan Motors reported results for the first quarter ended June 30, 2011.
The company has registered a net profit of Rs 17.20 crore for the first quarter ended June 30, 2011 against net loss of Rs 19.73 crore in the same period previous fiscal. The company's net sales declined by 18.64% and stood at Rs 121.22 crore for the June quarter, as compared to Rs 149.09 crore in the same period last financial year.
Recently, Hindustan Motors (HML), India’s pioneering automobile manufacturing company was set to get its most radical makeover of Ambassador in the six decades of its history. The oldest face of Indian automobiles, which carries the legacy of the British Raj on its wheels, will undergo a complete change from structural design to aerodynamics to aesthetics.
| Company Name | CMP |
|---|---|
| Tata MotorsPassenger | 360.15 |
| Maruti Suzuki | 13452.25 |
| Mahindra & Mahindra | 3199.35 |
| Hyundai Motor India | 1901.25 |
| Mercury Metals | 35.39 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: