Force Motors standalone net profit declines 78.84% in the March 2020 quarter
Sales decline 38.37% to Rs 653.67 crore
Net profit of Force Motors declined 78.84% to Rs 8.30 crore in the quarter ended March 2020 as against Rs 39.22 crore during the previous quarter ended March 2019. Sales declined 38.37% to Rs 653.67 crore in the quarter ended March 2020 as against Rs 1060.55 crore during the previous quarter ended March 2019.For the full year,net profit declined 60.46% to Rs 58.19 crore in the year ended March 2020 as against Rs 147.18 crore during the previous year ended March 2019. Sales declined 15.66% to Rs 3080.13 crore in the year ended March 2020 as against Rs 3652.10 crore during the previous year ended March 2019.
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