Force Motors Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 13,038.6 million compared to INR 7,778.8 million a year ago. Revenue was INR 13,090.1 million compared to INR 7,905.1 million a year ago. Net loss was INR 155.9 million compared to INR 428.4 million a year ago. Basic loss per share from continuing operations was INR 11.83 compared to INR 32.52 a year ago.
For the nine months, sales was INR 35,387.3 million compared to INR 23,589.5 million a year ago. Revenue was INR 35,627.6 million compared to INR 24,026.5 million a year ago. Net loss was INR 129.5 million compared to INR 482.9 million a year ago. Basic loss per share from continuing operations was INR 9.83 compared to INR 36.65 a year ago.