Revenue was 5% lower than the $1 bln or INR 50.32 bln expected by the street profits lower at $160 mln (from expectations), losing INR 250 mln than the expectations, Derivatives losses were INR 670 mln. November Sales ahd fallen to lower benchmarks of 300k sales per month and the RE 60 launch in December not maintaining the growth it picked up in August 2011

Posted via email from The India Investment Post