Pune based automotive company Force Motors today reported 38.14 cent increase in its net profit at Rs 14.27 crore for the first quarter ended June 30.

The company had posted a net profit of Rs 10.33 crore in in the same period a year earlier, Force Motors said in a filing to the BSE.

The company’s income from operations stood at Rs 497.13 crore in the April-June quarter, compared with Rs 492.04 crore in the same period of the previous financial year.

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