Nicco Uco Alliance Credit reported net loss of Rs 8.83 crore in the quarter ended March 2007 as against net loss of Rs 100.00 crore during the previous quarter ended March 2006. Sales rose 23.77% to Rs 3.02 crore in the quarter ended March 2007 as against Rs 2.44 crore during the previous quarter ended March 2006.

For the full year, net loss reported at Rs 36.96 crore in the year ended March 2007 as against net loss of Rs 135.47 crore during the previous year ended March 2006. Sales declined 34.55% to Rs 10.44 crore in the year ended March 2007 as against Rs 15.95 crore during the previous year ended March 2006.