Force Motors Q1 Net up 36 pc at Rs 19 cr

Jul 26 2014, 15:18 IST
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SummaryThe company had posted a net profit of Rs 14.27 crore for the same period of previous fiscal.

Force Motors today posted 35.87 per cent increase in its net profit at Rs 19.39 crore for the first quarter ended June 30.

The company had posted a net profit of Rs 14.27 crore for the same period of previous fiscal.

Net sales of the Pune-based company rose to Rs 538.42 crore for the first quarter, as against Rs 497.13 crore in the same period of previous fiscal, Force Motors Ltd 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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