Force Motors Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Latest quarter shows a significant revenue increase of 5.5% from previous quarter, indicating strong demand.
Net profit surged to ₹434.74 Crore, up from ₹115.34 Crore last quarter, reflecting improved operational efficiency.
Operating profit margin (OPM) improved to 11.39%, enhancing profitability compared to earlier quarters.

NEGATIVES

Revenue decreased by 5.6% from the previous year, signaling potential market challenges.
Expenses have seen a steady rise, impacting overall profitability despite revenue growth.
Net profit margin remains volatile, with a significant drop in some previous quarters, raising concerns.

Field	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25
Revenue	1,487.55	1,801.68	1,691.69	2,011.21	1,884.90	1,941.33	1,889.49	2,356.01	2,297.25
Expenses	1,306.95	1,576.72	1,467.20	1,732.57	1,635.74	1,658.71	1,657.79	2,026.77	1,965.22
Operating Profit	180.60	224.96	224.49	278.64	249.16	282.62	231.70	329.24	332.03
Other Income	11.47	9.06	3.97	14.60	14.97	8.57	14.89	18.13	25.06
Interest	17.90	15.84	14.11	14.29	9.06	5.43	4.12	7.26	0.13
Depreciation	63.46	66.96	68.28	68.05	69.29	68.56	70.51	71.88	70.29
Profit Before Tax	107.25	146.77	136.67	214.38	181.82	211.48	177.15	667.81	277.71
Tax	38.66	52.88	51.23	74.09	66.09	76.43	61.81	233.07	101.35
Net Profit	68.59	93.89	85.44	140.29	115.73	135.05	115.34	434.74	176.36
Eps in Rs	52.04	71.23	64.82	106.45	87.81	102.46	87.52	329.92	133.82