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Force Motors - Quaterly Results

09 Feb 2023 Evaluate
The Turnover for the quarter ended December 2022 of Rs. 13037.60 millions increase by 67.63% from Rs. 7777.80 millions.The Net Loss for the quarter ended December 2022 is Rs. -45.40 millions as compared to Net Loss of Rs. -399.00 millions of corresponding quarter ended December 2021Operating profit surged to 701.60 millions from the corresponding previous quarter of 11.90 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 13037.60 7777.80 67.63 35384.40 23586.60 50.02 32400.40 19878.20 62.99
Other Income 51.50 126.30 -59.22 240.30 437.00 -45.01 518.80 248.90 108.44
PBIDT 701.60 11.90 5795.80 2328.20 1111.30 109.50 1186.30 376.20 215.34
Interest 169.90 120.50 41.00 504.20 276.40 82.42 410.40 282.20 45.43
PBDT 531.70 -108.60 -589.59 1824.00 834.90 118.47 775.90 94.00 725.43
Depreciation 602.20 504.20 19.44 1780.40 1362.70 30.65 1909.40 1736.70 9.94
PBT -70.50 -612.80 -88.50 43.60 -527.80 -108.26 -1133.50 -1642.70 -31.00
TAX -25.10 -213.80 -88.26 14.70 -181.60 -108.09 -387.50 -524.10 -26.06
Deferred Tax -12.00 -195.50 -93.86 -1.60 -181.60 -99.12 -387.40 -524.10 -26.08
PAT -45.40 -399.00 -88.62 28.90 -346.20 -108.35 -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(%) 5.38 0.15 3417.25 6.58 4.71 39.65 3.66 1.89 93.47
Peers
Company Name CMP
Tata Motors 440.95
Ashok Leyland 159.00
Force Motors 17350.00
Olectra Greentech 1207.90
SML Mahindra 6824.10
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