ALPHA TRIBE

Hindustan Motors LimitedResults, 30-01-2025: Integrated Filing- Financial

30-01-2025 | 11:42 am

Hindustan Motors Limited has announced a board meeting to discuss the unaudited financial results for the quarter and nine months ended December 31, 2024. The results indicate a total income of ₹6.30 crore, with a profit before tax of ₹4.86 crore. The company has successfully reduced accumulated losses to ₹106.84 crore from ₹252.18 crore in March 2017, and its net worth has improved to ₹25.29 crore, marking a substantial turnaround. The management continues to focus on cost rationalization and asset monetization to enhance liquidity and might attract a positive outlook from investors due to these ongoing improvements.

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