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Audited Results of Force Motors Ltd. Company

(Rs in Cr.)	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019
Operating Income	5,028.59	3,240.04	1,987.82	3,080.13	3,652.10
Manufacturing Expenses	53.69	42.50	35.22	47.25	48.86
Personnel Expenses	422.44	368.08	351.15	406.58	418.13
Selling Expenses	15.35	12.86	8.64	23.05	18.37
Administrative Expenses	195.36	70.17	41.52	46.28	29.79
Expenses Capitalised	0	0	0	0	0
Cost Of Sales	4,699.17	3,173.29	1,975.09	2,811.64	3,373.66
Operating Profit	329.42	66.75	12.73	268.49	278.44
Other Recurring Income	62.03	51.88	24.89	42.77	81.62
Adjusted PBDIT	391.45	118.63	37.62	311.26	360.06
Financial Expenses	68.40	41.04	28.22	27.85	15.33
Depreciation	240.74	190.94	173.67	194.52	150.92
Other Write offs	0	0	0	0	0
Adjusted PBT	82.31	-113.35	-164.27	88.89	193.81
Tax Charges	138.58	-38.75	-52.41	-8.36	46.63
Adjusted PAT	-56.27	-74.60	-111.86	97.25	147.18
Non Recurring Items	210.45	3.10	1.77	-38.05	0.73
Other Non Cash adjustments	0	0	0	0	0
Reported Net Profit	152.05	-74.60	-111.86	58.19	147.18
Equity Dividend	13.18	6.59	13.18	10.47	10.48
Preference Dividend	0	0	0	0	0
Retained Earnings	1,485.72	1,344.72	1,422.81	1,548.79	1,505.47

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