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BSE   23 Jul 19 | 10:21 AM

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Code: 500033
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Force Motors Q1 net up 46% at Rs 51.46 crore

BS Reporter / Pune 31 Jul 16 | 12:13 AM

Force Motors

Pune-based automobile manufacturer Force Motors on Saturday posted a 46.11% increase in its net profit at Rs 51.46 crore for the first quarter ended June 30, 2016.  The company had posted a net profit of Rs 35.22 crore for the same period of previous fiscal.

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Total income of the company rose to Rs 854.1 crore for the first quarter, as against Rs 717.74 crore, up 18.99% in the same period of previous fiscal, Force Motors said in a BSE filing.

Force Motors sells a range of vehicles, including small commercial vehicles, multi-utility vehicles (MUVs), light commercial vehicles, sports utility vehicles (SUVs) and agricultural tractors. 

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