{"id":179604,"date":"2026-02-05T03:21:54","date_gmt":"2026-02-05T08:21:54","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=179604"},"modified":"2026-02-05T03:21:57","modified_gmt":"2026-02-05T08:21:57","slug":"force-motors-q3-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/force-motors-q3-fy26-earnings-results\/","title":{"rendered":"Force Motors Q3 FY26 Earnings Results"},"content":{"rendered":"\n

Executive Summary<\/strong><\/h2>\n\n\n\n

Force Motors Ltd reported Q3FY26 revenues of \u20b92,129 crore, up 12.71% YoY, with consolidated net profit surging 253.04% to \u20b9406 crore. Exceptional operational leverage from moderated expense growth and strong small\/light commercial vehicle demand drove dramatic profitability expansion.<\/p>\n\n\n\n

Revenue & Growth<\/strong><\/h2>\n\n\n\n

Revenues expanded to \u20b92,129 crore from \u20b91,889 crore YoY, reflecting 12.71% growth across multi-utility vehicles, light CVs, and agricultural tractors for Middle East, Asia, and African markets. Total expenses rose only 5.48% YoY to \u20b91,828 crore, delivering superior margin leverage.<\/p>\n\n\n\n

Profitability & Margins<\/strong>
Consolidated net profit more than tripled to \u20b9406 crore from \u20b9115 crore, with EBITDA margins expanding dramatically to 17.57% from 12.26% (531 bps gain). Basic EPS leaped 252.20% to \u20b9308.21 from \u20b987.51, highlighting vertically integrated manufacturing efficiencies.<\/p>\n\n\n\n

Balance-Sheet Highlights<\/strong>
The dataset lacks detailed balance sheet items such as assets, liabilities, equity, net debt, or current ratio for Q3FY26.<\/p>\n\n\n\n

Cash Flow \/ Liquidity<\/strong>
Operating cash flow, free cash flow, and liquidity metrics are not specified in the Q3FY26 dataset.<\/p>\n\n\n\n

Key Ratios \/ Metrics<\/strong>
EBITDA surged 63% to \u20b9374 crore; revenue growth (13%) significantly trailed profit explosion (273%), confirming cost optimization success. Export focus across emerging markets supports sustained light CV and utility vehicle momentum.<\/p>\n\n\n\n

\"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

Executive Summary Force Motors Ltd reported Q3FY26 revenues of \u20b92,129 crore, up 12.71% YoY, with consolidated net profit surging 253.04% to \u20b9406 crore. Exceptional operational leverage from moderated expense growth and strong small\/light commercial vehicle demand drove dramatic profitability expansion. Revenue & Growth Revenues expanded to \u20b92,129 crore from \u20b91,889 crore YoY, reflecting 12.71% growth […]<\/p>\n","protected":false},"author":1932,"featured_media":179605,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[14183],"class_list":["post-179604","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-multi-utility-vehicles"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/MOT.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":172911,"url":"https:\/\/alphastreet.com\/india\/force-motors-q2-fy26-earnings-results\/","url_meta":{"origin":179604,"position":0},"title":"Force Motors Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"December 4, 2025","format":false,"excerpt":"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\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/FORCE.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/FORCE.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/FORCE.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/FORCE.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/FORCE.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/FORCE.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178499,"url":"https:\/\/alphastreet.com\/india\/tata-motors-q3-fy26-earnings-results\/","url_meta":{"origin":179604,"position":1},"title":"Tata Motors Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 30, 2026","format":false,"excerpt":"Tata Motors Group is a leading global automobile manufacturer. Part of the illustrious multi-national conglomerate, the Tata group, it offers a wide and diverse portfolio of cars, sports utility vehicles, trucks, buses and defence vehicles to the world. It has operations in India, the UK, South Korea, South Africa, China,\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":179497,"url":"https:\/\/alphastreet.com\/india\/adani-ports-q3-fy26-earnings-results\/","url_meta":{"origin":179604,"position":2},"title":"Adani Ports Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 4, 2026","format":false,"excerpt":"Executive Summary Adani Ports & Special Economic Zone Ltd reported Q3FY26 revenues of \u20b99,705 crore, up 21.86% YoY, with consolidated net profit growing 20.85% to \u20b93,043 crore. Strong cargo throughput growth across Mundra and international terminals drove performance despite sequential profit dip. Revenue & Growth Revenues expanded to \u20b99,705 crore\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ADANIP.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ADANIP.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ADANIP.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ADANIP.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ADANIP.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ADANIP.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179328,"url":"https:\/\/alphastreet.com\/india\/campus-q3-fy26-earnings-results\/","url_meta":{"origin":179604,"position":3},"title":"Campus Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 3, 2026","format":false,"excerpt":"Executive Summary Campus Activewear Ltd reported Q3FY26 revenues of \u20b9589 crore, up 14.37% YoY, with consolidated net profit increasing 39.13% to \u20b964 crore. Expense growth moderated to 11.18% YoY, delivering strong operating leverage in sports and athleisure footwear amid rising domestic fitness demand. Revenue & Growth Revenues expanded to \u20b9589\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/CAM.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/CAM.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/CAM.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/CAM.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/CAM.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/CAM.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179772,"url":"https:\/\/alphastreet.com\/india\/bharti-hexacom-q3-fy26-earnings-results\/","url_meta":{"origin":179604,"position":4},"title":"Bharti Hexacom Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 6, 2026","format":false,"excerpt":"Bharti Hexacom Ltd delivered impressive Q3 FY26 results with profit growth far outpacing modest revenue gains in Rajasthan and Northeast circles. Expense control drove exceptional bottom-line expansion. Executive Summary Bharti Hexacom Ltd reported consolidated revenues of \u20b92,360 crore for Q3 FY26, up 4.84% YoY from \u20b92,251 crore. Net profit jumped\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/HE.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/HE.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/HE.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/HE.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/HE.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/HE.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179509,"url":"https:\/\/alphastreet.com\/india\/firstsource-solutions-q3-fy26-earnings-results\/","url_meta":{"origin":179604,"position":5},"title":"Firstsource Solutions Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 4, 2026","format":false,"excerpt":"Executive Summary Firstsource Solutions Ltd reported Q3FY26 revenues of \u20b92,443 crore, up 16.22% YoY, but consolidated net profit declined 25% to \u20b9120 crore due to new Labour Codes exceptional items. Revenue growth from BPM services in BFSI and healthcare offset one-time regulatory costs impacting profitability. Revenue & Growth Revenues expanded\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/FSL.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/FSL.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/FSL.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/FSL.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/FSL.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/FSL.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=179604"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179604\/revisions"}],"predecessor-version":[{"id":179606,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179604\/revisions\/179606"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/179605"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=179604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=179604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=179604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}