Shares Of Amtek Auto Slipped Over 2 Percent In The Early Trade

Shares of Amtek Auto slipped over 2 percent in the early trade as it has reported loss in the quarter ended March 2017.

The company has posted a net loss of Rs 307.57 crore in March quarter against loss of Rs 563 crore in the same quarter last fiscal.

The company had registered a loss of Rs 241.56 crore in the quarter ended December 2016.

Revenue of the company was down 32 percent at Rs 442 crore versus Rs 648 crore, while the finance cost stood at Rs 333 crore.

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