Page 3 - Force Motors

Force Motors net profit jumps over three-fold to Rs 14.05 crore in Q2

Force Motors Ltd on Friday reported over three-fold jump in consolidated net profit at Rs 14.05 crore in the second quarter ended September

Tax, high interest rates hurdles for growth of auto industry: Force Motors

The company, which makes commercial vehicles under the Traveller brand and utility vehicle Trax, said the situation calls for a very detailed and thorough reform

Force Motors reports net loss of Rs 64.99 cr in Q1, revenue at Rs 185.4 cr

The company had posted a consolidated net profit of Rs 26.17 crore in the same period last fiscal, Force Motors said in a regulatory filing

Force Motors supplies 1,000 Traveller Ambulances to Andhra Pradesh

Force Motors on Wednesday said it has supplied over 1,000 new 'Traveller Ambulances' to the Andhra Pradesh government to help in the fight against coronavirus pandemic. These ambulances include 130 advanced life support ambulances, 282 basic life support ambulances and over 656 mobile medical units that will significantly upgrade the healthcare infrastructure, improve reach and reduce response time, the company said in a statement. The mobile medical units delivered to the Andhra Pradesh government are also equipped with COVID-19 screening facilities and can be accessed by the citizens by dialling 104, it added. Force Motors Managing Director Prasan Firodia said:"The ongoing pandemic has suddenly highlighted the inadequacies in our healthcare system. It is very heartening to see that local administrations and state governments are responding quickly by upgrading their public health delivery systems." The company said all of its ambulances comply with all the provisions of the recen

Rolls-Royce-Force Motors JV factory to start operations in a few months

Will make and sell engines specifically for the power generation and railway segments; signs pact with IIT Madras for jt research

Force Motors plans Rs 600 cr capex to develop 2 BS-VI models in two years

Last week, the company, the largest van maker in the country with a market share of over 68 per cent, unveiled the van 'T1N', which will be mostly exported.

Force Motors surges 11% in a weak market as December sales jump 62% YoY

The automobiles company's vehicle sales jumped 62 per cent year on year (YoY) in December.

Force Motors to acquire Pithampur-based manufacturing plant of MAN Trucks

company, however, declined to divulge any details of the agreement

Force Gurkha Xtreme brochure leaked, shows minor cosmetic upgrades

The brochure of the off-road sports utility vehicle hints that the car would get minor cosmetic upgrades, along with a new BS-IV 2.2-engine under the hood

Force Motors hits 52-week low post November sales

The stock hit a 52-week low of Rs 3,164, down 3% on the BSE in intra-day trade.

Force Motors gains; to form JV with Rolls-Royal Power to produce engines

The stock was moved higher by 5% to Rs 4,300 on BSE in noon deal on back of heavy volumes.

Force Motors gains post March sales

The stock was up 4% to Rs 4,775 on BSE in otherwise weak market

Force Motors Q3 net profit declines 15% to Rs 23 crore

Income from operations down 15% to Rs 709 cr

Force Motors hits new high on heavy volumes

The stock rallied 5% to Rs 4,080, also its new high on the BSE, in otherwise weak market.

Force Motors finds success with luxury cars

Even as it struggles to make a mark in the SUV segment, it has become the first company in the world to supply engines to both Mercedes-Benz and BMW

Force Motors Q1 net up 46% at Rs 51.46 crore

The company had posted a net profit of Rs 35.22 crore for the same period of previous fiscal

Force Motors Q1 net up 46% at Rs 51.46 cr

Company had posted a net profit of Rs 35.22 crore in the same period of the last financial year

Force Motors opens engine plant for Mercedes

The new plant has a current annual capacity of 20,000 engines and 20,000 front and rear axle, which can be further enhanced as per requirements

Force Motors opens Rs 100-cr plant for Mercedes

Plans additional investment of Rs 100 cr for BS-VI upgrade

Force Motors opens Rs 100 cr facility in Pune

The plant is dedicated to the production of engines and axles for all Mercedes Cars and SUVs made in India