Force Motors Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 14,902.5 million compared to INR 8,814.7 million a year ago. Revenue was INR 15,282.5 million compared to INR 8,896.5 million a year ago. Net income was INR 1,465.9 million compared to net loss of INR 427.9 million a year ago. Basic earnings per share from continuing operations was INR 111.25 compared to basic loss per share from continuing operations of INR 32.48 a year ago.
For the full year, sales was INR 50,289.8 million compared to INR 32,404.2 million a year ago. Revenue was INR 50,910.1 million compared to INR 32,923 million a year ago. Net income was INR 1,336.4 million compared to net loss of INR 910.8 million a year ago. Basic earnings per share from continuing operations was INR 101.43 compared to basic loss per share from continuing operations of INR 69.13 a year ago.