Force Motors Q4: Profit declines despite margin gains; ₹50 dividend declared
Force Motors reported a mixed set of March quarter earnings on April 29, with profitability declining even as revenue growth and operating performance remained firm. Net profit for the quarter fell 40% year-on-year to ₹278.5 crore from ₹434.7 crore in the year-ago period. The decline comes despite a steady improvement in topline and margins, indicating…
