Net profit of Force Motors declined 4.32% to Rs 140.26 crore in the quarter ended March 2024 as against Rs 146.59 crore during the previous quarter ended March 2023. Sales rose 34.96% to Rs 2011.21 crore in the quarter ended March 2024 as against Rs 1490.25 crore during the previous quarter ended March 2023.For the full year,net profit rose 190.40% to Rs 388.09 crore in the year ended March 2024 as against Rs 133.64 crore during the previous year ended March 2023. Sales rose 39.04% to Rs 6992.13 crore in the year ended March 2024 as against Rs 5028.98 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales2011.211490.25 35 6992.135028.98 39 OPM %13.857.93 -12.806.19 - PBDT282.43138.13 104 871.82304.84 186 PBT214.3875.43 184 605.0764.10 844 NP140.26146.59 -4 388.09133.64 190 Powered by Capital Market - Live News

Force Motors announced that the Board of Directors of the Company at its meeting held on 26 April 2024, has recommended a Final dividend of Rs.20 per share (i.e.200%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Force Motors will hold a meeting of the Board of Directors of the Company on 26 April 2024.Powered by Capital Market - Live News

Force Motors achieved production of 2978 units in month of February 2024. The company sold 2,366 units in domestic market and exports stood at 95 units in February 2024. Powered by Capital Market - Live News

Net profit of Force Motors reported to Rs 85.40 crore in the quarter ended December 2023 as against net loss of Rs 15.59 crore during the previous quarter ended December 2022. Sales rose 29.74% to Rs 1691.69 crore in the quarter ended December 2023 as against Rs 1303.86 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales1691.691303.86 30 OPM %12.714.14 - PBDT204.9542.17 386 PBT136.67-18.05 LP NP85.40-15.59 LP Powered by Capital Market - Live News