Force Motors has reported over three-fold increase in its net profit at Rs 8.13 crore for the third quarter ended December 31, 2012.

The company had posted a net profit of Rs 2.34 crore in the corresponding quarter previous year, Force Motors said in a filing to the BSE.

Net income during the third quarter, however, declined 15.8 per cent to Rs 436.32 crore from Rs 518.21 crore in the year-ago period.