Force Motors Q3FY17 results
Bhagyashree Vivarekar / 21 Jan 2017
The company reported a PAT figure of Rs. 23.25 crore which represents a sequential QoQ decline of 53.76 per cent and a YoY decline of 14.87 per cent.
Force Motors Ltd. reported its results on Saturday for the quarter ended December 31, 2016.
Total sales for this quarter, Q3FY17, came in at Rs. 716.05 crore. This represents a 25.84 per cent sequential decline and 14.74 per cent YoY decline.
Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 1.48 crore and the EBIT margin stood at 0.21 per cent.
The company reported a PAT figure of Rs. 23.25 crore which represents a sequential QoQ decline of 53.76 per cent and a YoY decline of 14.87 per cent.
Force Motors Ltd is an Indian Automobile company. The company is engaged in the manufacture of Light Commercial Vehicles, Small Commercial Vehicles, Utility Vehicles, Agricultural Tractors & other products related to Automobile Industry such as Diesel Engines. The company has two manufacturing plant. The company's products are Traveller Passenger, Traveller Delivery Van, Traveller Speciality, Trax Cruiser, Trax Kargo-King, Trump 15/40 and many more.
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