Monday, 20 January 2014

Force Motors reports net loss of Rs 8.37 crore in Q3

Force Motors has reported results for third quarter ended December 31, 2013.

The company has reported net loss of Rs 8.37 crore for the quarter as compared to net profit of Rs 8.13 crore for the same quarter in the previous year. However, total income of the company has increased by 9.89% at Rs 479.48 crore for quarter under review as compared to Rs 436.32 crore for the quarter ended December 31, 2012.

Force Motors is a fully vertically integrated automobile company, with expertise in design, development and manufacture of the full spectrum of automotive components, aggregates and vehicles.

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