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Force Motors - Quaterly Results

11 Nov 2022 Evaluate
The sales figure stood at Rs. 12639.70 millions for the September 2022 quarter. The mentioned figure indicates a growth of about 34.80% as compared to Rs. 9376.40 millions during the year-ago period.Net Profit witnessed a 435.39% growth almost the double from Rs. 37.30 millions to Rs. 199.70  millions  of same quarter last year.The company reported a good operating profit of 1112.00 millions compared to 591.00 millions of corresponding previous quarter.


(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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