Force Motors reports consolidated net loss of Rs 65 crore in Q1
11th Aug 2020

Force Motors has reported results for the first quarter ended June 30, 2020.

The company has reported a net loss of Rs 63.22 crore for the quarter under review against net profit of Rs 26.97 crore for the same quarter in the previous year. Total income of the company decreased by 76.60% at Rs 191.41 crore for Q1FY21 as compared Rs 817.88 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net loss attributable to owners of Rs 65.01 crore for the quarter under review against net profit of Rs 26.15 crore for the same quarter in the previous year. Total income of the company decreased by 76.59% at Rs 191.50 crore for Q1FY21 as compared Rs 817.97 crore for the corresponding quarter previous year.