High Energy Batteries Ltd. Announces Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2015
For the nine months, the company reported net sales/income from operations (net of excise duty) of INR 102.211 million against INR 281.199 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 85.105 million against INR 21.440 million a year ago. Loss from ordinary activities before tax was INR 153.577 million against INR 66.348 million a year ago. Net loss for the period was INR 104.503 million or INR 58.29 per diluted share against INR 43.883 million or INR 24.48 per diluted share a year ago.