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Force Motors - Quaterly Results

11 Nov 2022 Evaluate
A decent increase of about 34.80% in the sales to Rs. 12639.70 millions was observed for the quarter ended September 2022. The sales figure stood at Rs. 9376.40 millions during the year-ago period.The company almost doubled its revenue to Rs. 199.70 millions  from Rs. 37.30 millions in the quarter ended September 2022.Operating profit surged to 1112.00 millions from the corresponding previous quarter of 591.00 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 12639.70 9376.40 34.80 22346.80 15808.80 41.36 32400.40 19878.20 62.99
Other Income 121.10 145.90 -17.00 188.80 310.70 -39.23 518.80 248.90 108.44
PBIDT 1112.00 591.00 88.16 1626.60 1099.40 47.95 1186.30 376.20 215.34
Interest 196.30 85.50 129.59 334.30 155.90 114.43 410.40 282.20 45.43
PBDT 915.70 505.50 81.15 1292.30 943.50 36.97 775.90 94.00 725.43
Depreciation 609.80 447.20 36.36 1178.20 858.50 37.24 1909.40 1736.70 9.94
PBT 305.90 58.30 424.70 114.10 85.00 34.24 -1133.50 -1642.70 -31.00
TAX 106.20 21.00 405.71 39.80 32.20 23.60 -387.50 -524.10 -26.06
Deferred Tax 76.80 7.20 966.67 10.40 13.90 -25.18 -387.40 -524.10 -26.08
PAT 199.70 37.30 435.39 74.30 52.80 40.72 -746.00 -1118.60 -33.31
Equity 131.80 131.80 0.00 131.80 131.80 0.00 131.80 131.80 0.00
PBIDTM(%) 8.80 6.30 39.58 7.28 6.95 4.67 3.66 1.89 93.47
Peers
Company Name CMP
Tata Motors 439.45
Ashok Leyland 166.30
Force Motors 18160.00
Olectra Greentech 1206.85
SML Mahindra 6279.95
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