Net Loss of Scooters India reported to Rs 2.52 crore in the quarter ended June 2018 as against net loss of Rs 6.46 crore during the previous quarter ended June 2017. Sales rose 829.31% to Rs 10.78 crore in the quarter ended June 2018 as against Rs 1.16 crore during the previous quarter ended June 2017.

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Scooters India announced the appointment of S.Shaktimani as Director Finance with effect from 04 June 2018.

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Net Loss of Scooters India reported to Rs 3.22 crore in the quarter ended March 2018 as against net loss of Rs 2.49 crore during the previous quarter ended March 2017. Sales rose 28.84% to Rs 20.95 crore in the quarter ended March 2018 as against Rs 16.26 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 18.62 crore in the year ended March 2018 as against net loss of Rs 9.05 crore during the previous year ended March 2017. Sales declined 47.68% to Rs 50.46 crore in the year ended March 2018 as against Rs 96.44 crore during the previous year ended March 2017.

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Scooters India will hold a meeting of the Board of Directors of the Company on 29 May 2018.

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