FORCE MOTORS LTD has submitted to the Exchange, the financial results for the period ended March 31, 2026.
FORCEMOT · price
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Force Motors reported standalone revenue of Rs 905.7 crore for FY2026, up 12.2% from Rs 807.1 crore in FY2025. Net profit jumped 51.4% to Rs 121.1 crore from Rs 80 crore, driven by a Rs 28.9 crore government incentive (Madhya Pradesh scheme) partially offset by Rs 7.7 crore labour code adjustment. EPS improved to Rs 919.28 from Rs 607.13. The board recommended a dividend of Rs 50 per share (500%). The company also completed acquisition of Veera Tanneries for Rs 161.96 crore in April 2026. Cash position strengthened to Rs 82.3 crore from Rs 50 crore. Auditors gave unmodified opinions on both standalone and consolidated results.
Strong profit growth and dividend signal financial health, though the exceptional government incentive inflated profits. The stock may see positive reaction given robust earnings, but investors should note the one-time nature of exceptional items.