Force Motors announced its monthly business update for February 2026, reporting total sales of 3,890 units, up 8.06% from 3,600 units in the same month last year. According to reports from CNBC TV18, domestic sales remained the key driver, rising 8.63% year-on-year to 3,825 units compared with 3,521 units in February 2025. The company's portfolio includes small commercial vehicles (SCV), light commercial vehicles (LCV), utility vehicles (UV) and sports utility vehicles (SUV).
Despite strong domestic performance, export volumes declined significantly, dropping 17.72% to 65 units from 79 units a year earlier, as reported by CNBC TV18. This export decline partially offset the gains achieved in the domestic market, highlighting the challenging international business environment for the company's commercial vehicle segments.
Earlier this month, Force Motors reported exceptional profitability for the December quarter, with consolidated net profit rising to ₹406.1 crore from ₹115.3 crore a year ago, aided by higher operating performance and a one-time gain of ₹211 crore. According to CNBC TV18, revenue increased 12.6% to ₹2,128 crore, while EBITDA climbed 61.4% to ₹373.8 crore, with margins expanding to 17.5%.
As of 2:33 PM, shares of Force Motors were trading at ₹23,520, down 3.37% on the NSE, recovering from an intraday low of ₹23,025 amid broad-based selling in the market, as reported by CNBC TV18. The stock decline occurred despite the company's positive sales growth announcement, suggesting market concerns about the export performance impact on overall business prospects.
