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FORCE MOTORS
Quarterly Results Analysis [Jun2025]

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FORCE MOTORS Quarterly Results

Consolidated Jun2025
UnAudited
Mar2025
UnAudited
Dec2024
UnAudited
Sep2024
UnAudited
Jun2024
UnAudited
Mar2024
UnAudited
Dec2023
UnAudited
Sep2023
UnAudited
Revenues ₹2,297 Cr ₹2,356 Cr ₹1,889 Cr ₹1,941 Cr ₹1,885 Cr ₹2,011 Cr ₹1,692 Cr ₹1,802 Cr
Expenses ₹1,965 Cr ₹2,027 Cr ₹1,658 Cr ₹1,659 Cr ₹1,636 Cr ₹1,733 Cr ₹1,467 Cr ₹1,577 Cr
Operating Income ₹332 Cr ₹329 Cr ₹232 Cr ₹283 Cr ₹249 Cr ₹279 Cr ₹224 Cr ₹225 Cr
Other Income ₹25 Cr ₹18 Cr ₹15 Cr ₹9 Cr ₹15 Cr ₹15 Cr ₹4 Cr ₹9 Cr
Interest ₹0 Cr ₹7 Cr ₹4 Cr ₹5 Cr ₹9 Cr ₹14 Cr ₹14 Cr ₹16 Cr
Depreciation ₹70 Cr ₹72 Cr ₹71 Cr ₹69 Cr ₹69 Cr ₹68 Cr ₹68 Cr ₹67 Cr
Profit Before Tax ₹287 Cr ₹663 Cr ₹172 Cr ₹217 Cr ₹186 Cr ₹211 Cr ₹146 Cr ₹151 Cr
Profit After Tax ₹185 Cr ₹430 Cr ₹110 Cr ₹141 Cr ₹120 Cr ₹137 Cr ₹95 Cr ₹98 Cr
EPS ₹133.79 ₹329.83 ₹87.49 ₹102.44 ₹87.78 ₹106.42 ₹64.80 ₹71.22
Industry Peers & Returns1W1M1Y
FORCE MOTORS 7.2% 19.2% 109.2%
TATA MOTORS -2% -5.8% -35.6%
ASHOK LEYLAND -0.2% -3.3% 0.1%
OLECTRA GREENTECH -0.2% 15.9% -9.2%
SML ISUZU 6% 22.9% 77%

FORCE MOTORS Quarterly Revenues

Revenues
Q-o-Q

-2.49 %

Y-o-Y

21.88 %

Quarters Revenues % Change
Jun2025 ₹2,297 Cr
-2.49
Mar2025 ₹2,356 Cr
24.69
Dec2024 ₹1,889 Cr
-2.67
Sep2024 ₹1,941 Cr
2.99
Jun2024 ₹1,885 Cr
-6.28
Mar2024 ₹2,011 Cr
18.89
Dec2023 ₹1,692 Cr
-6.10
Sep2023 ₹1,802 Cr -

FORCE MOTORS Quarterly Operating Profit

Operating Profit
Q-o-Q

0.85 %

Y-o-Y

33.26 %

Quarters Operating Profit % Change
Jun2025 ₹332 Cr
0.85
Mar2025 ₹329 Cr
42.10
Dec2024 ₹232 Cr
-18.02
Sep2024 ₹283 Cr
13.43
Jun2024 ₹249 Cr
-10.58
Mar2024 ₹279 Cr
24.12
Dec2023 ₹224 Cr
-0.21
Sep2023 ₹225 Cr -
Operating Margins
Q-o-Q

3.44 %

Y-o-Y

9.30 %

Quarters Operating Margin% % Change
Jun2025 14.45%
3.44
Mar2025 13.97%
13.95
Dec2024 12.26%
-15.80
Sep2024 14.56%
10.14
Jun2024 13.22%
-4.55
Mar2024 13.85%
4.37
Dec2023 13.27%
6.24
Sep2023 12.49% -

FORCE MOTORS Quarterly Profit After Tax

Profit After Tax(PAT)
Q-o-Q

-56.88 %

Y-o-Y

54.83 %

Quarters Profit After Tax % Change
Jun2025 ₹185 Cr
-56.88
Mar2025 ₹430 Cr
290.13
Dec2024 ₹110 Cr
-21.75
Sep2024 ₹141 Cr
17.61
Jun2024 ₹120 Cr
-12.51
Mar2024 ₹137 Cr
44.25
Dec2023 ₹95 Cr
-3.56
Sep2023 ₹98 Cr -
PAT Margins
Q-o-Q

-55.76 %

Y-o-Y

27.09 %

Quarters PAT Margin(%) % Change
Jun2025 8.07 %
-55.76
Mar2025 18.24 %
212.86
Dec2024 5.83 %
-19.59
Sep2024 7.25 %
14.17
Jun2024 6.35 %
-6.62
Mar2024 6.8 %
21.21
Dec2023 5.61 %
2.75
Sep2023 5.46 % -

FORCE MOTORS Quarterly Earnings Per Share (EPS)

EPS
Q-o-Q

-59.44 %

Y-o-Y

52.42 %

Quarters EPS % Change
Jun2025 ₹133.79
-59.44
Mar2025 ₹329.83
276.99
Dec2024 ₹87.49
-14.59
Sep2024 ₹102.44
16.70
Jun2024 ₹87.78
-17.52
Mar2024 ₹106.42
64.23
Dec2023 ₹64.8
-9.01
Sep2023 ₹71.22 -

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