Nissan Automobiles reports 34% less in net profit from October to December quarter

The car company Nissan reports steep fall in their net profit. They reported  that after 34% lose in net profit ,they have earned about $58.2 Crore (44.1 Billion Yen).
Company said that in reporting period the sales was about of 2210 billion yen which is 5.3% less as compared to the same period of the previous year. However, the company is expecting that will have net profit of 320 Billion Yen in Fiscal period which is ending in March 2013. In the reporting quarter the global sales of company is reduced to 3.8% with 11.6 Lakhs cars.