Hindustan Motors Ltd (HM) is all set to unveil a small commercial vehicle in October this year. The vehicle will be manufactured at the company''s Uttarpara factory. During the ensuing festive season, HM will also launch the high-end Outlander vehicle from the Mitsubishi stable. It will be priced at around Rs 20 lakh. During the year ended March 31,2008, HM has posted a higher net profit of Rs 30.84 crore, against Rs 13.30 crore in in 2006-07. The company notched a total income of Rs 677.89 crore in 2007-08, against Rs 635.34 crore in 2006-07.
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