FORCE MOTORS
Quarterly Results Analysis [Jun2026]
FORCE MOTORS Quarterly Results
| Consolidated | Jun2026 UnAudited |
Mar2026 UnAudited |
Dec2025 UnAudited |
Sep2025 UnAudited |
Jun2025 UnAudited |
Mar2025 UnAudited |
Dec2024 UnAudited |
Sep2024 UnAudited |
|---|---|---|---|---|---|---|---|---|
| Revenues | ₹2,440 Cr | ₹2,550 Cr | ₹2,129 Cr | ₹2,081 Cr | ₹2,297 Cr | ₹2,356 Cr | ₹1,889 Cr | ₹1,941 Cr |
| Expenses | ₹2,112 Cr | ₹2,136 Cr | ₹1,755 Cr | ₹1,719 Cr | ₹1,965 Cr | ₹2,027 Cr | ₹1,658 Cr | ₹1,659 Cr |
| Operating Income | ₹328 Cr | ₹414 Cr | ₹374 Cr | ₹363 Cr | ₹332 Cr | ₹329 Cr | ₹232 Cr | ₹283 Cr |
| Other Income | ₹38 Cr | ₹34 Cr | ₹27 Cr | ₹24 Cr | ₹25 Cr | ₹18 Cr | ₹15 Cr | ₹9 Cr |
| Interest | ₹0 Cr | ₹3 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹7 Cr | ₹4 Cr | ₹5 Cr |
| Depreciation | ₹77 Cr | ₹72 Cr | ₹73 Cr | ₹71 Cr | ₹70 Cr | ₹72 Cr | ₹71 Cr | ₹69 Cr |
| Profit Before Tax | ₹288 Cr | ₹373 Cr | ₹539 Cr | ₹316 Cr | ₹287 Cr | ₹663 Cr | ₹172 Cr | ₹217 Cr |
| Profit After Tax | ₹212 Cr | ₹274 Cr | ₹403 Cr | ₹350 Cr | ₹185 Cr | ₹430 Cr | ₹110 Cr | ₹141 Cr |
| EPS | ₹164.31 | ₹211.32 | ₹308.13 | ₹266.06 | ₹133.79 | ₹329.83 | ₹87.49 | ₹102.44 |
| Industry Peers & Returns | 1W | 1M | 1Y |
| FORCE MOTORS | 5.8% | -2.2% | 1% |
| ASHOK LEYLAND | 9.4% | 4.1% | 41.8% |
| OLECTRA GREENTECH | 1.4% | -8.7% | -6.8% |
FORCE MOTORS Quarterly Revenues
| Revenues | |
|---|---|
| Q-o-Q | -4.31 % |
| Y-o-Y | 6.21 % |
| Quarters | Revenues | % Change | |
|---|---|---|---|
| Jun2026 | ₹2,440 Cr | -4.31 | |
| Mar2026 | ₹2,550 Cr | 19.79 | |
| Dec2025 | ₹2,129 Cr | 2.27 | |
| 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 | - | |
FORCE MOTORS Quarterly Operating Profit
| Operating Profit | |
|---|---|
| Q-o-Q | -20.89 % |
| Y-o-Y | -1.28 % |
| Quarters | Operating Profit | % Change | |
|---|---|---|---|
| Jun2026 | ₹328 Cr | -20.89 | |
| Mar2026 | ₹414 Cr | 10.78 | |
| Dec2025 | ₹374 Cr | 3.10 | |
| Sep2025 | ₹363 Cr | 9.26 | |
| Jun2025 | ₹332 Cr | 0.85 | |
| Mar2025 | ₹329 Cr | 42.10 | |
| Dec2024 | ₹232 Cr | -18.02 | |
| Sep2024 | ₹283 Cr | - | |
| Operating Margins | |
|---|---|
| Q-o-Q | -17.35 % |
| Y-o-Y | -7.06 % |
| Quarters | Operating Margin% | % Change | |
|---|---|---|---|
| Jun2026 | 13.43% | -17.35 | |
| Mar2026 | 16.25% | -7.51 | |
| Dec2025 | 17.57% | 0.80 | |
| Sep2025 | 17.43% | 20.62 | |
| Jun2025 | 14.45% | 3.44 | |
| Mar2025 | 13.97% | 13.95 | |
| Dec2024 | 12.26% | -15.80 | |
| Sep2024 | 14.56% | - | |
FORCE MOTORS Quarterly Profit After Tax
| Profit After Tax(PAT) | |
|---|---|
| Q-o-Q | -22.65 % |
| Y-o-Y | 14.26 % |
| Quarters | Profit After Tax | % Change | |
|---|---|---|---|
| Jun2026 | ₹212 Cr | -22.65 | |
| Mar2026 | ₹274 Cr | -32.06 | |
| Dec2025 | ₹403 Cr | 15.26 | |
| Sep2025 | ₹350 Cr | 88.65 | |
| Jun2025 | ₹185 Cr | -56.88 | |
| Mar2025 | ₹430 Cr | 290.13 | |
| Dec2024 | ₹110 Cr | -21.75 | |
| Sep2024 | ₹141 Cr | - | |
| PAT Margins | |
|---|---|
| Q-o-Q | -19.18 % |
| Y-o-Y | 7.56 % |
| Quarters | PAT Margin(%) | % Change | |
|---|---|---|---|
| Jun2026 | 8.68 % | -19.18 | |
| Mar2026 | 10.74 % | -43.26 | |
| Dec2025 | 18.93 % | 12.68 | |
| Sep2025 | 16.8 % | 108.18 | |
| Jun2025 | 8.07 % | -55.76 | |
| Mar2025 | 18.24 % | 212.86 | |
| Dec2024 | 5.83 % | -19.59 | |
| Sep2024 | 7.25 % | - | |
FORCE MOTORS Quarterly Earnings Per Share (EPS)
| EPS | |
|---|---|
| Q-o-Q | -22.25 % |
| Y-o-Y | 22.81 % |
| Quarters | EPS | % Change | |
|---|---|---|---|
| Jun2026 | ₹164.31 | -22.25 | |
| Mar2026 | ₹211.32 | -31.42 | |
| Dec2025 | ₹308.13 | 15.81 | |
| Sep2025 | ₹266.06 | 98.86 | |
| Jun2025 | ₹133.79 | -59.44 | |
| Mar2025 | ₹329.83 | 276.99 | |
| Dec2024 | ₹87.49 | -14.59 | |
| Sep2024 | ₹102.44 | - | |
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