Force Motors reports net loss of Rs 19 crore in Q3
13th Feb 2021

Force Motors has reported results for third quarter ended December 31, 2020.

The company has reported net loss at Rs 14.94 crore for the quarter under review against net profit of Rs 15.39 crore for the same quarter in the previous year. Total income of the company decreased by 42.62% at Rs 498.78 crore for Q3FY21 as compared Rs 869.33 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss attributable to owners at Rs 18.98 crore for the quarter under review against net profit of Rs 13.77 crore for the same quarter in the previous year. Total income of the company decreased by 42.62% at Rs 498.87 crore for Q3FY21 as compared Rs 869.43 crore for the corresponding quarter previous year.