Force Motors falls over 6% on weak Q3 results

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26 Aug, 2025 12:21

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Shares of Force Motors fell over 6 percent intraday on Monday as the company reported a decline in its profits for the December quarter. The commercial vehicles maker’s net profit declined 14.8 percent to Rs 23.25 crore. Its income from operations fell nearly 15 percent at Rs 708.7 crore against Rs 833.5 crore in the year-ago period. The company had posted standalone net profit of Rs 27.31 crore in the same quarter previous fiscal, Force Motors said in a BSE filing.The stock has shown weak movements in the past 15 days after having fallen over 3.5 percent. In fact, in the past three days, the scrip's declined 7.4 percent. At 09:28 hrs, Force Motors was quoting at Rs 4,135.00, down Rs 160.95, or 3.75 percent, on the BSE. It touched an intraday high of Rs 4,175.00 and an intraday low of Rs 4,030.00.