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This is an archive article published on July 30, 2011

Force Motors Q1 net profit soars 76%

Net sales of company increased by 39.20% to Rs 408.41 cr. from Rs 293.40 cr.

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Force Motors on Saturday reported 76.26 per cent jump in its net profit at Rs 19.30 crore for the quarter ended June 30.

The company had posted a net profit of Rs 10.95 crore in the corresponding period last year,Force Motors said in a filing to the Bombay Stock Exchange.

The net sales during the first quarter of this fiscal also increased by 39.20 per cent to Rs 408.41 crore from Rs 293.40 crore in the year-ago period,it added

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