Force Motors Ltd, founded in 1958 and part of the Abhay Firodia Group, specializes in manufacturing fully integrated small and light commercial vehicles, multi-utility vehicles, and agricultural tractors with an international presence across the Middle East, Asia, Latin America, and Africa, reported a strong Q2FY26 performance.
Financial Highlights:
- Revenues increased 7.21% year-on-year to ₹2,081 crore from ₹1,941 crore.
- Total expenses rose modestly by 2.99% to ₹1,790 crore from ₹1,738 crore.
- Consolidated net profit surged 160% to ₹351 crore from ₹135 crore.
- Earnings per share improved 159.72% to ₹266.14 from ₹102.47.
The profit surge was driven by strong demand for commercial vehicles, operational efficiencies, favorable tax regime shifts, and increased capacity utilization including new manufacturing plants for BMW and Mercedes-Benz engines in India.
Outlook:
Force Motors Ltd aims to sustain double-digit revenue growth, expand export markets, and continue ramping up new product launches including electric vehicle platforms to sustain profitability momentum.
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