iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Force Motors domestic sales rises 28% YoY

5 Jul 2022 , 11:55 AM

As compared with May 2022, the domestic sales were higher by 12.8% last month. Export sales aggregated to 73 units in June 2022, falling 82.7% from 424 units on a year on year basis and declining 76.9% from 317 units on a month on month basis. The companys production in June 2022 was 2,237 units, up by 27.3% from 1,757 units produced in June 2021. The production increased by 9.3% last month from 2,047 units produced in May 2022. 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 reported a consolidated net loss of Rs 42.77 crore in the quarter ended March 2022 as against net loss of Rs 53.67 crore during the previous quarter ended March 2021. Sales rose 43.9% YoY to Rs 881.47 crore in Q4 FY22. Shares of Force Motors rose 0.63% at Rs 1,013.45 on the BSE. Powered by Capital Market – Live News

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.