Force Motors Q3 net profit down 37% at Rs14.65 crore - News Summed Up

Force Motors Q3 net profit down 37% at Rs14.65 crore


Shares of Force Motors ended the day 2.22% higher at Rs3,368.15 apiece on BSE on Tuesday. Photo: Hemant Mishra/MintNew Delhi: Force Motors on Monday reported 36.98% decline in standalone net profit at Rs14.65 crore for the third quarter ended December 2017. The company had posted a standalone net profit of Rs23.25 crore in the same quarter of the previous fiscal, Force Motors said in a BSE filing. Expenses in the third quarter were higher at Rs737.32 crore as against Rs715.22 crore in the year-ago period. Shares of Force Motors ended the day 2.22% higher at Rs3,368.15 apiece on BSE on Tuesday.


Source: Mint January 23, 2018 11:26 UTC



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