Force Motors Ltd Share Price – NSE /  BSE

Automobile, Small Cap

Revenue from operations rose 12.7% to Rs 2,128.56 crore in Q3 FY26 as against Rs 1,889.49 crore in Q3 FY25.

The company reported a profit before exceptional items and tax of Rs 331.38 crore in Q3 FY26, compared with Rs 177.15 crore a year ago, aided by exceptional items of Rs 211.24 crore comprising government incentives, partly offset by labour code?related employee benefits liabilities.

Total expenses rose 5.48% year on year to Rs 1,827.43 crore in Q3 FY26. Employee benefit expense stood at Rs 167.45 crore (up 27.35% YoY), while finance costs were at Rs 0.16 crore (down 96.12% YoY) during the period under review.

In a separate filing, the company announced plans to fully acquire Veera Tanneries by March 31, 2026. The proposed acquisition marks a strategic expansion move for the automotive manufacturer, signaling diversification beyond its core automotive business, with a clear timeline set for completion of the full buyout.

Force Motors is engaged in manufacturing light commercial vehicles, utility vehicles, and engines. It is an automobile company with a focus on the design, development, and manufacture of a range of automotive components, aggregates, and vehicles.

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Net profit of Force Motors rose 252.19% to Rs 406.11 crore in the quarter ended December 2025 as against Rs 115.31 crore during the previous quarter ended December 2024. Sales rose 12.65% to Rs 2128.56 crore in the quarter ended December 2025 as against Rs 1889.49 crore during the previous quarter ended December 2024.

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Net profit of Force Motors rose 266.04% to Rs 402.86 crore in the quarter ended December 2025 as against Rs 110.06 crore during the previous quarter ended December 2024. Sales rose 12.65% to Rs 2128.43 crore in the quarter ended December 2025 as against Rs 1889.36 crore during the previous quarter ended December 2024.

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The company?s domestic sales grew 4.92% to 3,665 units in January 2026, compared with 3,493 units sold in January 2025.

Exports declined 4.81% to 99 units in January 2026, compared with 104 units in the same period last year.

Force Motors is engaged in manufacturing light commercial vehicles, utility vehicles, and engines. It is an automobile company with a focus on the design, development, and manufacture of a range of automotive components, aggregates, and vehicles.

The company reported a 159.68% year-on-year surge in consolidated net profit to Rs 350.7 crore in Q2 FY25, compared with Rs 135.05 crore in the corresponding quarter last year. Revenue from operations rose 7.21% to Rs 2,081.4 crore in Q2 FY26 as against Rs 1,941.33 crore in Q2 FY25.

The counter shed 0.90% to Rs 18,631.95 on the BSE.

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