Force Motors disclosed a sharp rise in standalone net profit for the quarter ended June 2015. During the quarter, the profit of the company rose 84.40% to Rs 357.64 million from Rs 193.96 million in the same quarter previous year.
Revenues for the quarter rose 17.43% to Rs 6,400.06 million, compared with Rs 5,450 million for the prior year period.
Operating margin for the quarter stood at 5.47 percent as compared to 2.73 percent for the previous year period. Operating Income for the quarter was Rs 350.06 million, compared with Rs 149.025 million in the previous year period.
Earnings per share for the quarter stood at Rs 27.14, registering 84.38% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 15 | Jun - 14 | %Change |
Revenues | 6,400.06 | 5,450.13 | 17.43 |
Net Profit | 357.64 | 193.96 | 84.40 |
Diluted EPS | 27.14 | 14.72 | 84.38 |
Shares of the company gained Rs 53.35, or 2.11%, to trade at Rs 2,583.00. The total volume of shares traded was 740,765 at the BSE (3.26 p.m., Friday).