Force Motors announced on Wednesday the loss for the quarter ended March 2008 has narrowed. During the quarter, loss of the company declined to Rs 232.53 million compared with the loss of Rs 321.02 million in the same quarter, last year.
Net sales declined slightly 1.81% to Rs 2,751 million, while total income for the quarter fell marginally 1.96% to Rs 2,968.53 million, when compared with the prior year period.
The company posted a loss of Rs 17.65 a share during the quarter as compared with a loss of Rs 24.36 a share in the same quarter of the previous year.
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