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Force Motors has posted a profit after tax of Rs 35.76 crore for the quarter ended June 30, 2015 versus Rs 19.40 crore for the same period last year, translating into a rise of 84 per cent year-on-year.
Total income from operations of the Pune-based maker of a range of four-wheelers stood at Rs 640 crore against Rs 545 crore in the two quarters being compared, a rise of 17.4 per cent.
During intraday trade on the BSE today, the company’s stock hit a fresh 52-week high of Rs 2,699 per share. The scrip ended higher by 0.8 per cent at Rs 2,550 on the BSE.
About 7.38 lakh shares were traded notching a turnover of Rs 194 crore.
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