Force Motors quarterly profit increased three times

New Delhi New Delhi: Vehicle manufacturer Force Motors reported more than three times the net profit in the fourth quarter of FY 2024-25 as compared to the previous year. The company’s profit stood at ₹ 4,350 crore, which includes a one-time income of ₹ 3,950 crore as incentive from the government.

According to the financial data, the company’s total income increased by 17.1% to ₹ 23,560 crore. At the same time, expenses saw a 16% increase, including the cost of raw materials.

The company said that there has been an improvement in the demand for multi-seater vehicles, which are also used as school buses and ambulances. Apart from this, the engine manufacturing sector, in which the company works for companies like BMW and Mercedes, remains an important part of the income.