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Force Motors standalone net profit declines 41.79% in the June 2017 quarter

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Capital Market

Sales decline 1.16% to Rs 744.45 crore

Net profit of Force Motors declined 41.79% to Rs 29.96 crore in the quarter ended June 2017 as against Rs 51.47 crore during the previous quarter ended June 2016. Sales declined 1.16% to Rs 744.45 crore in the quarter ended June 2017 as against Rs 753.16 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales744.45753.16 -1 OPM %5.019.54 -PBDT62.0188.78 -30 PBT31.2363.47 -51 NP29.9651.47 -42

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First Published: Jul 20 2017 | 5:51 PM IST

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