Force Motors has reported results for fourth quarter and year ended March 31, 2019.
The company has reported a fall of 35.28% in its net profit at Rs 39.22 crore for the quarter under review as compared to Rs 60.60 crore for the same quarter in the previous year. However, total income of the company increased by 3.08% at Rs 1,089.70 crore for Q4FY19 as compared Rs 1,057.09 crore for the corresponding quarter previous year.
For the year ended March 31, 2019, the company has reported a marginal rise of 0.16% in its net profit at Rs 147.18 crore as compared to Rs 146.95 crore for the previous year. Total income of the company marginally increased by 3.94% at Rs 3,733.72 crore for year under review as compared to Rs 3,592.14 crore for year ended March 31, 2018.
For the year ended March 31, 2019, on the consolidated basis, the company has reported a fall of 2.57% in its net profit at Rs 143.42 crore as compared to Rs 147.21 crore for the previous year. However, total income of the company marginally increased by 3.94% at Rs 3,734.07 crore for year under review as compared to Rs 3,592.49 crore for year ended March 31, 2018.
