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Force Motors standalone net profit declines 36.99% in the December 2017 quarter

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Capital Market

Sales rise 19.15% to Rs 749.52 crore

Net profit of Force Motors declined 36.99% to Rs 14.65 crore in the quarter ended December 2017 as against Rs 23.25 crore during the previous quarter ended December 2016. Sales rose 19.15% to Rs 749.52 crore in the quarter ended December 2017 as against Rs 629.06 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales749.52629.06 19 OPM %6.074.59 -PBDT54.5952.04 5 PBT21.8924.64 -11 NP14.6523.25 -37

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First Published: Jan 23 2018 | 4:10 PM IST

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