Force Motors registered a consolidated net profit of Rs 134 crore as compared to Rs 92.4 crore a year ago
Force, which manufactures commercial vehicles (CV), including vans, school buses and ambulances, reported a 27 per cent rise in revenue to Rs 1,885 cr during q1, driven by a 10 per cent jump in sales
The fall in the share price came on the back of weak June sales numbers. Force Motors' total sales slipped 2.9 per cent to 2,553 units