FORCEMOT shares surge after tripling Q3 profit to Rs 406 crore.
Force Motors saw a 252% year-on-year surge in consolidated net profit to Rs 406.1 crore in Q3, driven by 12.6% YoY revenue growth to Rs 2,128 crore and 61.4% YoY EBITDA jump to Rs 373.8 crore. EBITDA margin expanded to 17.5%, and a one-time gain of Rs 211 crore contributed to the overall profitability.
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