Escorts swings to loss in Jun`07 qtr

Escorts swung to a loss for the quarter ended June, 2007, on the back of steep drop of 469 basis points in operating margin.

During the quarter, the company reported a loss of Rs 62.4 million as compared with a profit of Rs 15.70 million in the corresponding quarter of the previous year. More
Courtesy:www.indiacar.net

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