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 acquires 12.21% stake in TP Surya (SPV for solar power projects)
 ( Corporate News - 07-Oct-24   19:09 )
  Sequent Scientific Ltd leads gainers in 'A' group
 ( Hot Pursuit - 27-Sep-24   12:00 )
  Force Motors to hold AGM
 ( Corporate News - 17-Aug-24   10:15 )
  Force Motors July sales volumes decline 3%
 ( Corporate News - 05-Aug-24   18:08 )
  Force Motors consolidated net profit rises 68.73% in the June 2024 quarter
 ( Results - Announcements 30-Jul-24   15:44 )
  Force Motors appoints company secretary
 ( Corporate News - 30-Jul-24   14:56 )
  Force Motors to announce Quarterly Result
 ( Corporate News - 24-Jul-24   10:22 )
  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 )
Other Stories
  Hindustan Petroleum Corporation Ltd Spikes 3.18%
  16-Oct-24   09:30
  Coforge Ltd Falls 1.57%
  16-Oct-24   09:30
  RailTel Corp bags order from MHADA worth Rs 80 crore
  16-Oct-24   08:38
  HDFC Life Q2 PAT rises 15% YoY to Rs 433 cr
  15-Oct-24   17:09
  HDFC AMC hits life high as PAT rises 32% YoY to Rs 577 cr in Q2
  15-Oct-24   16:57
  PVR Inox reports net loss of Rs 12 cr in Q2 FY25
  15-Oct-24   15:22
  Bank of Maharashtra PAT rises 44% YoY to Rs 1,326 cr in Q2 FY25
  15-Oct-24   15:15
  CESC gains after arm inks pact to acquire Deshraj Solar Energy
  15-Oct-24   15:05
  Godrej Industries Ltd leads losers in 'A' group
  15-Oct-24   15:00
  Sri Havisha Hospitality & Infrastructure Ltd leads losers in 'B' group
  15-Oct-24   14:45
Back Top