FORCE MOTORS LTD has informed the Exchange regarding Monthly Business Updates for the month of March 2026
FORCEMOT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Force Motors reported total sales of 4,199 units in March 2026, up 13.49% from 3,700 units in March 2025. Domestic sales grew 14.42% to 4,126 units (from 3,606), driven by the SCV, LCV, UV, and SUV categories. Export sales, however, fell 22.34% to 73 units (from 94), and the company has explicitly attributed this to ongoing geopolitical tensions in the Middle East impacting quarterly and monthly export volumes. Overall, the headline is domestic-led growth, partially offset by a sharp export dip.
Positives: Strong double-digit YoY growth in domestic volumes signals healthy demand. Watch-out: Export volumes shrinking by over a fifth due to Middle East tensions could pressure the small but visible export contribution and is a near-term risk worth monitoring.