The board of Harig Crankshafts in its meeting on 28 May 2010 has appointed Himmat Singh as the chairman of the company. Himmat Singh was nominated on the board by the promoter company Harig India Pvt Ltd.Powered by Capital Market - Live News

The board of Harig Crankshafts in its meeting on 06 March 2010 has appointed Rajhir Singh and Kulbir Singh as directors of the company with effect from 25 January 2010.Further, the company has announced that Bank of India has nominated Anil Handa as director on the board of the company. Powered by Capital Market - Live News

Harig Crankshafts reported net loss of Rs 1.43 crore in the quarter ended March 2009 as against net profit of Rs 0.77 crore during the previous quarter ended March 2008. Sales declined 55.78% to Rs 3.48 crore in the quarter ended March 2009 as against Rs 7.87 crore during the previous quarter ended March 2008.For the full year, net loss reported to Rs 4.00 crore in the year ended March 2009 as against net profit of Rs 0.92 crore during the previous year ended March 2008. Sales declined 61.19% to Rs 13.54 crore in the year ended March 2009 as against Rs 34.89 crore during the previous year ended March 2008. ParticularsQuarter EndedYear Ended?Mar. 2009Mar. 2008% Var.Mar. 2009Mar. 2008% Var. Sales3.487.87 -56 13.5434.89 -61 OPM %-14.3726.56 -154 15.3617.25 -11 PBDT-0.631.56 PL -0.894.14 PL PBT-1.400.78 PL -3.971.06 PL NP-1.430.77 PL -4.000.92 PL Powered by Capital Market - Live News

Harig Crankshafts reported net loss of Rs 0.04 crore in the quarter ended September 2009 as against net loss of Rs 3.49 crore during the previous quarter ended September 2008. Sales declined 14.79% to Rs 5.30 crore in the quarter ended September 2009 as against Rs 6.22 crore during the previous quarter ended September 2008. ParticularsQuarter Ended?Sep. 2009Sep. 2008% Var. Sales5.306.22 -15 OPM %45.28-2.73 1757 PBDT0.72-1.94 LP PBT-0.04-3.48 99 NP-0.04-3.49 99 Powered by Capital Market - Live News

Net profit of Harig Crankshafts declined 37.50% to Rs 0.05 crore in the quarter ended June 2009 as against Rs 0.08 crore during the previous quarter ended June 2008. Sales rose 253.41% to Rs 9.33 crore in the quarter ended June 2009 as against Rs 2.64 crore during the previous quarter ended June 2008. ParticularsQuarter Ended?Jun. 2009Jun. 2008% Var. Sales9.332.64 253 OPM %18.1156.82 -68 PBDT0.830.85 -2 PBT0.050.08 -38 NP0.050.08 -38 Powered by Capital Market - Live News