MoneyWorks4Me

Force Motors reports 69% rise in Q1 consolidated net profit

30 Jul 2024 Evaluate

Force Motors has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The company has reported 66.17% rise in net profit at Rs 119.59 crore for Q1FY25 as compared to Rs 71.97 crore for the same quarter in the previous year. Total income of the company increased by 26.74% at Rs 1,899.75 crore for Q1FY25 as compared to Rs 1,498.91 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 68.73% rise in its net profit at Rs 115.73  crore for the quarter ended June 30, 2024 as compared to Rs 68.59 crore for the same quarter in the previous year. Total income of the company increased by 26.74% at Rs 1,899.87 crore for Q1FY25 as compared to Rs 1,499.02 crore for the corresponding quarter previous year.


Peers
Company Name CMP
Tata Motors 440.95
Ashok Leyland 159.00
Force Motors 17350.00
Olectra Greentech 1207.90
SML Mahindra 6824.10
View more..