Force Motors marks 59 per cent hike in revenues

Force Motors, the Pune based auto manufacturer has made its existence prominent by posting a commendable hike of 59% in the revenues within the 9 months running financial year. During the same period, the gross revenues amounted to Rs 1073 Crores compared to Rs 674 Crores for the same period in year 2009-10, which is a big leap from last financial year's Rs 1029 Crores of turnover.

As per the company's notifications, a striking Rs 64 Crore has been recorded as the profit from operations prior to financial expenses, exceptional items and other income which was only Rs 16 Crores in the same period in previous financial year.

Addressing the proud announcement, Prasan Firodia who is the Managing Director of Force Motors commented that the company was able to receive good and stable growth across all the segments including utility vehicles, commercial vehicles and light commercial vehicles. He also said that among all the car models, performance of Traveller and Trump 40, the new SCV was on the top giving the company healthy returns. The exclusively designed SUV from the company is designed for the mid premium segment which is expected to get its official launch in the beginning of next financial year.

As per the consumers desires from SUV segment, Force Motors have come up with a beautiful model which is based on strog R&D base and supported by rife Dealer Network assuring easy availability. The car is now worked upon further to make it a competent contender in market.

Man Force Trucks Pvt Ltd. Is a venture between Force Motors and MAN Nutzfahrzeuge AG in a 50-50 ratio.