MoneyWorks4Me

Force Motors reports 41% surge in Q2 net profit

08 Oct 2013 Evaluate

Force Motors has reported results for the second quarter ended September 30, 2013.

The company has reported 40.63% rise in its net profit at Rs 26.93 crore for the quarter as compared to Rs 19.15 crore for the same quarter in the previous year. However, total income from operations of the company has decreased by 6.41% at Rs 471.76 crore for quarter under review as compared to Rs 504.06 crore for the quarter ended September 30, 2012.

Force Motors is a fully vertically integrated automobile company, with expertise in design, development and manufacture of the full spectrum of automotive components, aggregates and vehicles.

Peers
Company Name CMP
Tata Motors 412.90
Ashok Leyland 145.25
Force Motors 16703.30
Olectra Greentech 1042.00
SML Mahindra 5852.50
View more..