FORCE MOTORS
Quarterly Results Analysis [Sep2025]
FORCE MOTORS Quarterly Results
| Consolidated | Sep2025 UnAudited |
Jun2025 UnAudited |
Mar2025 UnAudited |
Dec2024 UnAudited |
Sep2024 UnAudited |
Jun2024 UnAudited |
Mar2024 UnAudited |
Dec2023 UnAudited |
|---|---|---|---|---|---|---|---|---|
| Revenues | ₹2,081 Cr | ₹2,297 Cr | ₹2,356 Cr | ₹1,889 Cr | ₹1,941 Cr | ₹1,885 Cr | ₹2,011 Cr | ₹1,692 Cr |
| Expenses | ₹1,719 Cr | ₹1,965 Cr | ₹2,027 Cr | ₹1,658 Cr | ₹1,659 Cr | ₹1,636 Cr | ₹1,733 Cr | ₹1,467 Cr |
| Operating Income | ₹363 Cr | ₹332 Cr | ₹329 Cr | ₹232 Cr | ₹283 Cr | ₹249 Cr | ₹279 Cr | ₹224 Cr |
| Other Income | ₹24 Cr | ₹25 Cr | ₹18 Cr | ₹15 Cr | ₹9 Cr | ₹15 Cr | ₹15 Cr | ₹4 Cr |
| Interest | ₹0 Cr | ₹0 Cr | ₹7 Cr | ₹4 Cr | ₹5 Cr | ₹9 Cr | ₹14 Cr | ₹14 Cr |
| Depreciation | ₹71 Cr | ₹70 Cr | ₹72 Cr | ₹71 Cr | ₹69 Cr | ₹69 Cr | ₹68 Cr | ₹68 Cr |
| Profit Before Tax | ₹316 Cr | ₹287 Cr | ₹663 Cr | ₹172 Cr | ₹217 Cr | ₹186 Cr | ₹211 Cr | ₹146 Cr |
| Profit After Tax | ₹350 Cr | ₹185 Cr | ₹430 Cr | ₹110 Cr | ₹141 Cr | ₹120 Cr | ₹137 Cr | ₹95 Cr |
| EPS | ₹266.06 | ₹133.79 | ₹329.83 | ₹87.49 | ₹102.44 | ₹87.78 | ₹106.42 | ₹64.80 |
| Industry Peers & Returns | 1W | 1M | 1Y |
| FORCE MOTORS | -5.8% | -4% | 152.7% |
| TATA MOTORS | -2.8% | -13.3% | -55.5% |
| ASHOK LEYLAND | 0.4% | 14% | 35.4% |
| OLECTRA GREENTECH | -2.6% | -20.1% | -21.7% |
| SML ISUZU | 5.7% | 7.9% | 118.1% |
FORCE MOTORS Quarterly Revenues
| Revenues | |
|---|---|
| Q-o-Q | -9.40 % |
| Y-o-Y | 7.22 % |
| Quarters | Revenues | % Change | |
|---|---|---|---|
| Sep2025 | ₹2,081 Cr | -9.40 | |
| 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 | - | |
FORCE MOTORS Quarterly Operating Profit
| Operating Profit | |
|---|---|
| Q-o-Q | 9.26 % |
| Y-o-Y | 28.36 % |
| Quarters | Operating Profit | % Change | |
|---|---|---|---|
| Sep2025 | ₹363 Cr | 9.26 | |
| 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 | - | |
| Operating Margins | |
|---|---|
| Q-o-Q | 20.62 % |
| Y-o-Y | 19.71 % |
| Quarters | Operating Margin% | % Change | |
|---|---|---|---|
| Sep2025 | 17.43% | 20.62 | |
| 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% | - | |
FORCE MOTORS Quarterly Profit After Tax
| Profit After Tax(PAT) | |
|---|---|
| Q-o-Q | 88.65 % |
| Y-o-Y | 148.35 % |
| Quarters | Profit After Tax | % Change | |
|---|---|---|---|
| Sep2025 | ₹350 Cr | 88.65 | |
| 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 | - | |
| PAT Margins | |
|---|---|
| Q-o-Q | 108.18 % |
| Y-o-Y | 131.72 % |
| Quarters | PAT Margin(%) | % Change | |
|---|---|---|---|
| Sep2025 | 16.8 % | 108.18 | |
| 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 % | - | |
FORCE MOTORS Quarterly Earnings Per Share (EPS)
| EPS | |
|---|---|
| Q-o-Q | 98.86 % |
| Y-o-Y | 159.72 % |
| Quarters | EPS | % Change | |
|---|---|---|---|
| Sep2025 | ₹266.06 | 98.86 | |
| 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 | - | |
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