HMT Announces Q4 & FY 07 Results

HMT Ltd has announced the following Audited results for the quarter & year ended March 31, 2007:The results for the Quarter ended March 31, 2007 The Company has posted a net loss of Rs 163.50 million for the quarter ended March 31, 2007 as compared to net profit of Rs 236.60 million for the quarter ended March 31, 2006. Total Income has decreased from Rs 1116.10 million for the quarter ended March 31, 2006 to Rs 842.40 million for the quarter ended March 31, 2007.The results for the Year ended March 31, 2007 The Company has posted a net profit of Rs 543.00 million for the year ended March 31, 2007 as compared to Rs 132.70 million for the year ended March 31, 2006. Total Income has decreased from Rs 2843.50 million for the year ended March 31, 2006 to Rs 2508.70 million for the year ended March 31, 2007.