Force Motors Q2 revenue jumps 41% but profit falls 17%

Force Motors reported a 41% year-on-year rise in standalone revenue to ₹2,967 crore for the September quarter, helped by demand for its updated Traveller N range and Urbania Deluxe. Profit after tax, however, fell 17% to ₹291 crore, while EBITDA grew 23% to ₹476 crore. Revenue for the first half of the financial year rose 23% to ₹5,445 crore.