Force Motors reports 36% rise in Q1 consolidated net profit

26 Jul 2019

Force Motors has reported results for first quarter ended June 30, 2019.

The company has reported a fall of 34.11% in its net profit at Rs 26.97 crore for the quarter under review as compared to Rs 40.93 crore for the same quarter in the previous year. Total income of the company decreased by 9.32% at Rs 817.88 crore for Q1FY20 as compared Rs 901.97 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 36.16% in its net profit at Rs 26.17 crore for the quarter under review as compared to Rs 40.99 crore for the same quarter in the previous year. Total income of the company decreased by 9.32% at Rs 817.97 crore for Q1FY20 as compared Rs 902.05 crore for the corresponding quarter previous year.

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