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Hinduja Foundries registers loss of Rs 51.01 crore in Q3

28 Jan 2013 Evaluate

Hinduja Foundries has reported results for third quarter ended December 31, 2012.

The company has reported a net loss of Rs 51.01 crore for the quarter ended December 31, 2012 as compared to a net loss of Rs 3.90 crore for the same quarter in the previous year. Total income from operation of the company has decreased by 21.94% at Rs 148.47 crore for quarter under review as compared to Rs 190.20 crore for the quarter ended December 31, 2011.

The company’s product ranges include Cylinder Blocks, Cylinder Heads, Flywheels, Flywheel Housings, Transmission Casings, Clutch Plates, Brake Drums, Intake Manifolds and Clutch Housings for HCV,LCV and Car segments.

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