Kinetic Motor Company reported a substantial drop in standalone net profit for the quarter ended June 2010.
During the quarter, the profit of the company declined 97.94% to INR 3.10 million from INR 150.20 million in the same quarter last year.
The company’s net sales for the quarter declined marginally 2.65% to INR 11 million, while total income for the quarter fell 96.18% to INR 11.10 million, when compared with the prior year period.
