Earnings in Overdrive: Force Motors Races Ahead with 22% Jump in Revenue

Force Motors Ltd has begun FY2026 on a robust note with a shining performance, recording quite sharp top and bottom line increases in Q1. Consolidated net profit of the company rose 52.3% year-on-year to ₹1.76 billion, while consolidated revenue from operations increased 21.9% to ₹22.97 billion, courtesy strong domestic demand and improved operating efficiencies.

 

Key Points – Q1 FY2026 Results

 

Revenue from Operations: As much as ₹22.97 billion (₹2,297 crore), from ₹18.85 billion during the corresponding period last year.

 

Net Profit: Increased to ₹1.76 billion (₹176 crore), 52.3% YoY increase compared to Q1 FY2025.

 

EBITDA: Rose 33.3% YoY to ₹3.32 billion (₹332 crore), margins higher at 14.4% from 13.2%.

 

Domestic Sales: Volume grew 26% with flagship brands Urbania, Traveller, and Trax driving it.

 

Strategic Appointments: Anshul Saxena as VP–Corporate Strategy to spearhead long-term growth.

 

Debt-Free Status: The company enjoys a zero-debt status, indicating sound management.

 

Management Approach: MD Prasan Firodia had credited the growth to "consistent customer focus, domestic momentum, and process improvements" and was optimistic of further growth in the future.

 

Market Response: Even after stupendous performance, Force Motors shares closed lower by 1.38% at ₹17,260 on BSE, after-market announcement.

 

Source: CNBC-TV18, Rediff Money, Reuters.