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Force Motors - Quaterly Results

09 Aug 2023 Evaluate
The Turnover for the quarter ended June 2023 of Rs. 14874.40 millions increase by 53.23% from Rs. 9707.10 millions.The Total Profit for the quarter ended June 2023 of Rs. 719.70 millions grew from Rs.-125.40 millionsOperating Profit saw a handsome growth to 1919.60 millions from 514.60 millions in the quarter ended June 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 14874.40 9707.10 53.23 14874.40 9707.10 53.23 50285.90 32400.40 55.20
Other Income 114.70 67.70 69.42 114.70 67.70 69.42 620.30 518.80 19.56
PBIDT 1919.60 514.60 273.03 1919.60 514.60 273.03 3914.50 1186.30 229.98
Interest 179.00 138.00 29.71 179.00 138.00 29.71 684.00 410.40 66.67
PBDT 1740.60 376.60 362.19 1740.60 376.60 362.19 5313.70 775.90 584.84
Depreciation 634.60 568.40 11.65 634.60 568.40 11.65 2407.40 1909.40 26.08
PBT 1106.00 -191.80 -676.64 1106.00 -191.80 -676.64 2906.30 -1133.50 -356.40
TAX 386.30 -66.40 -681.78 386.30 -66.40 -681.78 1385.80 -387.50 -457.63
Deferred Tax 190.20 -66.40 -386.45 190.20 -66.40 -386.45 864.90 -387.40 -323.26
PAT 719.70 -125.40 -673.92 719.70 -125.40 -673.92 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(%) 12.91 5.30 143.44 12.91 5.30 143.44 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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