Revenue from operations rose 12.6% YoY to Rs 2,128 crore in Q3, compared with Rs 1,889.5 crore a year ago, driven by improved demand conditions and better realisations. Operating performance remained strong, with EBITDA jumping 61.4% YoY to Rs 373.8 crore from Rs 231.6 crore in the year-ago quarter.
EBITDA margin expanded sharply to 17.5% from 12.3% a year earlier, reflecting improved cost efficiencies and stronger operating leverage. The company also recorded a one-time gain of Rs 211 crore during the quarter, further boosting overall profitability.
The surge in net profit was largely driven by higher revenue, margin expansion and exceptional income booked during the quarter. Margin improvement points to stronger fixed-cost absorption and a more favourable operating environment compared with the year-ago period. Meanwhile, EBITDA growth of over 61% YoY underscores improved underlying operating performance, even excluding the impact of the one-off gain.
In January, Force Motors reported total sales of 3,764 units, including domestic and export volumes, marking a 4.64% YoY increase from 3,597 units sold in January 2025.
Domestic sales across the SCV, LCV, UV and SUV segments stood at 3,665 units during the month, up 4.92% from 3,493 units in the same period last year.
Exports in these categories totalled 99 units, marginally lower than 104 units in January 2025, marking a 4.81% YoY decline.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
