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Results
26-Apr-24
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Announcements
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Force Motors consolidated net profit declines 4.32% in the March 2024 quarter
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Sales rise 34.96% to Rs 2011.21 crore
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Net profit of Force Motors declined 4.32% to Rs 140.26 crore in the quarter ended March 2024 as against Rs 146.59 crore during the previous quarter ended March 2023. Sales rose 34.96% to Rs 2011.21 crore in the quarter ended March 2024 as against Rs 1490.25 crore during the previous quarter ended March 2023.
For the full year,net profit rose 190.40% to Rs 388.09 crore in the year ended March 2024 as against Rs 133.64 crore during the previous year ended March 2023. Sales rose 39.04% to Rs 6992.13 crore in the year ended March 2024 as against Rs 5028.98 crore during the previous year ended March 2023.
| Particulars | Quarter Ended | Year Ended | | | Mar. 2024 | Mar. 2023 | % Var. | Mar. 2024 | Mar. 2023 | % Var. |
| Sales | 2011.21 | 1490.25 | 35 | 6992.13 | 5028.98 | 39 |
| OPM % | 13.85 | 7.93 | - | 12.80 | 6.19 | - |
| PBDT | 282.43 | 138.13 | 104 | 871.82 | 304.84 | 186 |
| PBT | 214.38 | 75.43 | 184 | 605.07 | 64.10 | 844 |
| NP | 140.26 | 146.59 | -4 | 388.09 | 133.64 | 190 |
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