JMT Auto records loss of Rs 25.1 lakh for Q1 FY18, down 122.33%

JMT Auto, part of the Amtek Group, which specialises in manufacturing of Heat treatment & gear manufacturing besides manufacturing variety of components for oil and gas industry, has reported a loss of Rs 25.10 lakh in Q1 FY2017-18, a difference of 122.33 percent. 

For Q1 FY18 component manufacturer’s total revenue stood at Rs 77.36 crore, a decrease of 5.08 percent (Q1 FY17: Rs 81.48 crore) while expenses in the quarter came at Rs 77.54 crore a decrease of 2.69 percent (Q1 FY17: Rs 79.68 crore).