Force Motors delivered robust financial performance in the June 2026 quarter, with consolidated net profit surging 22.82% to ₹216.59 crore compared to ₹176.36 crore in the corresponding quarter of the previous year. According to reports from Business Standard, this significant profit growth demonstrates the company's operational efficiency and market positioning during the quarter. On a sequential basis, profit declined 22.2% from ₹278.52 crore reported in Q4 FY26, indicating typical quarterly fluctuations in the automotive sector. The company reported no exceptional items for the current quarter, whereas the previous fiscal year's annual results included ₹211.24 crore from exceptional items.
The company's sales revenue increased 6.21% to ₹2,440.01 crore in Q1 FY2026, up from ₹2,297.25 crore in the same period last year. As reported by Business Standard, this revenue growth indicates sustained demand for the company's products and successful market penetration strategies during the quarter. However, revenue was 4.3% lower than ₹2,549.84 crore recorded in the March quarter, reflecting typical seasonal patterns in the automotive industry. The company's total income rose to ₹2,478.11 crore during the quarter from ₹2,322.31 crore a year ago, aided by higher sales across its product portfolio. Total expenses increased to ₹2,189.66 crore from ₹2,035.64 crore, primarily due to higher material costs, employee expenses and depreciation. Cost of materials consumed stood at ₹1,749.03 crore (up 2.48%) while employee benefit expense increased to ₹195.12 crore (up 17.22% YoY).
Operating profit margin (OPM) stood at 13.43% in the June 2026 quarter, compared to 14.06% in the corresponding quarter of the previous year. According to the latest financial data, EBITDA margin narrowed to 13.4% from 14.5% in the year-ago quarter, reflecting the impact of increased operational costs. Operating EBITDA stood at ₹328 crore, marginally lower than ₹332 crore in the previous year's quarter. While the margin contraction reflects higher employee benefit expenses and operating costs, the company maintained healthy profitability levels despite competitive market pressures.
Profit before depreciation and tax (PBDT) rose 7% to ₹370.69 crore from ₹348.00 crore in the previous year's quarter. As reported by Business Standard, profit before tax (PBT) increased 6% to ₹293.29 crore from ₹277.71 crore in Q1 FY2025, indicating strong operational performance across all profitability metrics during the quarter. Finance costs remained negligible at ₹0.04 crore (down 69.23% YoY) while depreciation and amortisation expenses increased to ₹77 crore from ₹70 crore a year earlier, reflecting continued investments in the business. The company also recognised provisions during the quarter to comply with the Environment Protection (End-of-Life Vehicles) Rules, 2025, relating to extended producer responsibility obligations. Total tax expense for the quarter was ₹76.70 crore, including a current tax of ₹77.57 crore and a deferred tax benefit of ₹0.87 crore.
In a separate filing, Force Motors announced that its board approved the reappointment of independent directors Vallabh Bhanshali, Mukesh Patel and Sonia Prashar for a second term of five consecutive years, subject to shareholder approval. The board also approved changes in the company's senior management structure with effect from July 29. The company completed the acquisition of Veera Tanneries Pvt. Ltd., which has become its wholly owned subsidiary and has been consolidated in the financial statements. Additionally, Force Motors recognised provisions during the quarter to comply with the Environment Protection (End-of-Life Vehicles) Rules, 2025, relating to extended producer responsibility obligations. The board of directors approved the unaudited standalone and consolidated financial results for the quarter ended 30 June 2026, with the meeting commencing at 02.56 p.m. and concluding at 04.23 p.m. on 29 July 2026. The company also announced that its board has approved a proposal to alter the Object Clause of the company's Memorandum of Association (MoA), subject to shareholders' approval. The amendment aims to make the Object Clause more comprehensive, enabling the company to undertake a wider range of business activities and pursue new projects that can be integrated with its existing operations, including provisions for power generation for captive consumption as well as external commercial supply.
