Force Motors standalone net profit declines 25.29% in the March 2017 quarter

Sales decline 7.08% to Rs 828.12 crore

Net profit of Force Motors declined 25.29% to Rs 54.91 crore in the quarter ended March 2017 as against Rs 73.50 crore during the previous quarter ended March 2016. Sales declined 7.08% to Rs 828.12 crore in the quarter ended March 2017 as against Rs 891.26 crore during the previous quarter ended March 2016.

For the full year,net profit rose 0.66% to Rs 179.92 crore in the year ended March 2017 as against Rs 178.74 crore during the previous year ended March 2016. Sales rose 1.38% to Rs 3037.96 crore in the year ended March 2017 as against Rs 2996.47 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales828.12891.26 -7 3037.962996.47 1 OPM %11.1012.03 -8.819.14 - PBDT113.00129.73 -13 347.13340.14 2 PBT78.88102.28 -23 234.05248.25 -6 NP54.9173.50 -25 179.92178.74 1

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