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Force Motors - Quaterly Results

29 Oct 2024 Evaluate
The company witnessed a 7.75% growth in the revenue at Rs. 19412.00 millions for the quarter ended September 2024 as compared to Rs. 18015.70 millions during the year-ago period.The company has announced a 43.17% increase in its profits to Rs . 1406.80  millions for the  quarter ended September 2024 compared to Rs. 982.60 millions in the corresponding quarter in the previous year.OP of the company witnessed a marginal growth to 2910.60 millions from 2339.10 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202409 202309 % Var 202409 202309 % Var 202403 202303 % Var
Sales 19412.00 18015.70 7.75 38259.80 32890.10 16.33 69916.50 50285.90 39.04
Other Income 85.70 90.60 -5.41 235.40 205.30 14.66 391.00 620.30 -36.97
PBIDT 2910.60 2339.10 24.43 5550.70 4258.70 30.34 9473.10 3914.50 142.00
Interest 54.30 158.40 -65.72 144.90 337.40 -57.05 621.40 684.00 -9.15
PBDT 2856.30 2180.70 30.98 5405.80 3921.30 37.86 8851.70 5313.70 66.58
Depreciation 685.60 669.60 2.39 1378.50 1304.20 5.70 2667.50 2407.40 10.80
PBT 2170.70 1511.10 43.65 4027.30 2617.10 53.88 6184.20 2906.30 112.79
TAX 763.90 528.50 44.54 1424.60 914.80 55.73 2167.40 1385.80 56.40
Deferred Tax -0.80 269.90 -100.30 -25.00 460.10 -105.43 1015.70 864.90 17.44
PAT 1406.80 982.60 43.17 2602.70 1702.30 52.89 4016.80 1520.50 164.18
Equity 131.80 131.80 0.00 131.80 131.80 0.00 131.80 131.80 0.00
PBIDTM(%) 14.99 12.98 15.48 14.51 12.95 12.04 13.55 7.78 74.05
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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