Page 4 - Force Motors

Force Motors upbeat over FY16 results

In fiscal 2016, the company posted a growth of 77% in net profit that stood at Rs 179.6 cr compared with Rs 101.4 cr in fiscal 2015

Force Motors to invest Rs 300 cr for expansion in FY17

After a better than expected FY16, company targeting 15-20% growth for FY17

Force Motors Q4 net up 59% at Rs 74 cr

Net sales of the company increased by 30%

Force Motors Q4 net profit rises 59% at Rs 74 cr

Net sales during the period under review stood at Rs 903.4 crore

Force Motors gains on strong Q4 results

The stock moved higher by 3% to Rs 3,510, bouncing back 4.5% from intra-day low on the BSE.