Hot Pursuit     03-Jul-24
Force Motors total sales slips 2% YoY in June’24
Force Motors registered 2.85% decline in total sales to 2,553 units in June 2024 as against 2,628 units sold in June 2023.

The vehicle maker’s domestic sales jumped 12.66% to 2,465 units in June 2024 as against 2,188 units sold in the same period a year ago.

Export sales tumbled 80% to 88 units in June 2024 as compared with 440 units sold in June 2023.

Force Motors is engaged in manufacturing light commercial vehicles and utility vehicles, and engines. It is an automobile company, with a focus on design, development and manufacture of a range of automotive components, aggregates and vehicles.

The company’s consolidated net profit fell 4.31% to Rs 140.29 crore on 34.95% increase in revenue from operations to Rs 2011.21 crore in Q4 FY24 over Q4 FY23.

Shares of Force Motors shed 0.94% to Rs 9,100 on the BSE.

Previous News
  Force Motors total sales slips 2% YoY in June’24
 ( Hot Pursuit - 03-Jul-24   10:41 )
  Force Motors May’24 sales rises 14% YoY to 2,412 units
 ( Hot Pursuit - 06-Jun-24   15:04 )
  Force Motors consolidated net profit declines 4.32% in the March 2024 quarter
 ( Results - Announcements 26-Apr-24   16:18 )
  Board of Force Motors recommends Final Dividend
 ( Corporate News - 26-Apr-24   15:36 )
  Force Motors Ltd leads gainers in 'A' group
 ( Hot Pursuit - 19-Apr-24   12:00 )
  Force Motors to declare Quarterly Result
 ( Corporate News - 19-Apr-24   10:08 )
  Force Motors Feb’24 sales rise 6% YoY to 2,366 units
 ( Hot Pursuit - 06-Mar-24   10:49 )
  Force Motors announces production / sales data for Feb'24
 ( Corporate News - 05-Mar-24   17:56 )
  Force Motors reports consolidated net profit of Rs 85.40 crore in the December 2023 quarter
 ( Results - Announcements 12-Feb-24   15:17 )
  Force Motors to conduct board meeting
 ( Corporate News - 06-Feb-24   11:56 )
  Force Motors jumps as Dec’23 sales grows 17% YoY
 ( Hot Pursuit - 08-Jan-24   10:06 )
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