12333.4000 581.70 (4.95%)
BSE May 29, 2025 15:31 PM
Volume: 14,403
 

12333.40
4.95%
HDFC Securities
Force Motor?s 3QFY17 was adversely impacted by the government?s demonetisation initiative. Net revenues at Rs 6.2bn were dragged down 14% YoY by a 13% degrowth in automotive and 17% fall in sub-contracting (auto comp). EBITDA margin at 4.6% (Rs 289mn) was hit by deleverage, as seen in higher employee expenses ( 475bps YoY). APAT fell 15% YoY to Rs 233mn.
Force Motors Ltd. has gained 36.83% in the last 1 Month
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