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Force Motors - Quaterly Results

29 May 2023 Evaluate
The Turnover for the quarter ended March 2023 of Rs. 14901.50 millions increase by 69.07% from Rs. 8813.80 millions.The Total Profit for the quarter ended March 2023 of Rs. 1491.60 millions grew from Rs.-399.80 millionsOP of the company witnessed a marginal growth to 1586.30 millions from 75.00 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 14901.50 8813.80 69.07 50285.90 32400.40 55.20 50285.90 32400.40 55.20
Other Income 380.00 81.80 364.55 620.30 518.80 19.56 620.30 518.80 19.56
PBIDT 1586.30 75.00 2015.07 3914.50 1186.30 229.98 3914.50 1186.30 229.98
Interest 179.80 134.00 34.18 684.00 410.40 66.67 684.00 410.40 66.67
PBDT 3489.70 -59.00 -6014.75 5313.70 775.90 584.84 5313.70 775.90 584.84
Depreciation 627.00 546.70 14.69 2407.40 1909.40 26.08 2407.40 1909.40 26.08
PBT 2862.70 -605.70 -572.63 2906.30 -1133.50 -356.40 2906.30 -1133.50 -356.40
TAX 1371.10 -205.90 -765.91 1385.80 -387.50 -457.63 1385.80 -387.50 -457.63
Deferred Tax 866.50 -205.80 -521.04 864.90 -387.40 -323.26 864.90 -387.40 -323.26
PAT 1491.60 -399.80 -473.09 1520.50 -746.00 -303.82 1520.50 -746.00 -303.82
Equity 131.80 131.80 0.00 131.80 131.80 0.00 131.80 131.80 0.00
PBIDTM(%) 10.65 0.85 1151.05 7.78 3.66 112.61 7.78 3.66 112.61
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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