R74 cr

Force Mo­tors Q4 net profit rises 59% at

The Financial Express - - COMPANIES -

Force Mo­tors to­day re­ported a 59.31% rise in stand­alone net profit at R73.73 crore for the quar­ter ended March 31, on bet­ter sales. The com­pany's stand­alone net profit stood at R46.28 crore in the same quar­ter a year ago, Force Mo­tors said in a BSE fil­ing. Net sales dur­ing the pe­riod un­der re­view stood at R903.4 crore as against R694.55 crore in the year-ago pe­riod, up 30%, it said. For the fis­cal ended March 31, 2016, the com­pany said its con­sol­i­dated net profit was at R179.57 crore as com­pared to R101.53 crore in the pre­vi­ous year, up 76.86%.

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