Force Motors (500033) Q1 25/26 earnings summary
Event summary combining transcript, slides, and related documents.
Q1 25/26 earnings summary
20 Oct, 2026Executive summary
Q1 FY26 revenue from operations was ₹2,29,712 lakh standalone and ₹2,29,725 lakh consolidated; net profit was ₹18,522 lakh and ₹17,636 lakh, respectively.
Unaudited results for the quarter ended 30 June 2025 were approved by the Board on 23 July 2025 and received limited review.
Financial highlights
Standalone revenue from operations was ₹2,29,712 lakh vs ₹1,88,478 lakh in Q1 FY25; consolidated revenue was ₹2,29,725 lakh vs ₹1,88,490 lakh.
Standalone net profit was ₹18,522 lakh vs ₹11,959 lakh YoY; consolidated net profit was ₹17,636 lakh vs ₹11,573 lakh.
Standalone profit before tax, before exceptional items, was ₹28,654 lakh vs ₹18,566 lakh YoY; consolidated profit before exceptional items and tax was ₹27,771 lakh vs ₹18,182 lakh.
Exceptional items of ₹39,457 lakh were recorded in Q4 FY25 and FY25; no exceptional item is listed for Q1 FY26.
Segment performance
Operations are reported as a single segment.
Consolidated results include a joint venture share of loss of ₹896 lakh in Q1 FY26, compared with share of profit of ₹501 lakh in Q4 FY25 and loss of ₹396 lakh in Q1 FY25.
Latest events from Force Motors
- FY24 consolidated revenue rose to Rs6,99,213 lakh; net profit reached Rs38,821 lakh.500033
Q4 23/24 - Q1 FY25 profit rose YoY, despite a ₹396 lakh JV loss in consolidated results.500033
Q1 24/25 - Q2 and H1 revenue and net profit rose YoY on standalone and consolidated bases.500033
Q2 24/25 - Q3 revenue, profit and EPS increased YoY on standalone and consolidated bases.500033
Q3 24/25 - FY25 profit includes ₹39,457 lakh in incentives; recommended dividend is ₹40 per share.500033
Q4 24/25 - H1 revenue and profit rose; Q2 profit reflected tax effects; EPR costs remain uncertain.500033
Q2 25/26 - FY26 earnings and ROIC strengthened; Q4 PAT fell and a ₹50/share dividend was recommended.500033
Q4 25/26 - Q3 reported profit included a ₹21,124 lakh net exceptional gain.500033
Q3 25/26 - Q1 FY27 revenue and profit rose YoY; Veera Tanneries became wholly owned.500033
Q1 26/27