Force Motors rallied 8.74% to Rs 18,633.65 after the company reported a 52.39% surge in consolidated net profit to Rs 176.36 crore on a 21.88% rise in revenue from operations to Rs 2,297.25 crore in Q1 FY26 over Q1 FY25.
Profit before tax stood at Rs 277.71 crore in Q1 FY26, registering a growth of 52.74% from the Rs 181.82 crore recorded in Q1 FY25.Total expenses rose 18.76% year on year to Rs 2,035.64 crore in Q1 FY26. Employee benefit expense stood at Rs 166.45 crore (up 19.63% YoY), while finance costs were at Rs 0.13 crore (down 98.57% YoY) during the period under review.
The counter hit a new life high of Rs 20,563 in intraday today.
Force Motors is engaged in manufacturing light commercial vehicles, utility vehicles, and engines. It is an automobile company with a focus on the design, development, and manufacture of a range of automotive components, aggregates, and vehicles.
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