Force Motors gains as Q1 PAT jumps 23% YoY to Rs 217 crore
Mumbai, July 30 -- Revenue from operations rose 6.21% to Rs 2,440.01 crore in Q1 FY27 as against Rs 2,297.25 crore in Q1 FY26.
Profit before tax (PBT) added 5.61% YoY to Rs 293.29 crore in Q1 FY27, compared with Rs 277.71 crore in Q1 FY26.
Total expenses rose 7.56% year on year to Rs 2,189.66 crore in Q1 FY27. Cost of materials consumed stood at Rs 1,749.03 crore (up 2.48%), employee benefit expense stood at Rs 195.12 crore (up 17.22% YoY), while finance costs were at Rs 0.04 crore (down 69.23% YoY) during the period under review.
Force Motors said its board has approved a proposal to alter the Object Clause of the company's Memorandum of Association (MoA), subject to shareholders' approval.
The company said the amendment is aimed at ...
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