According to the regulatory filing, the company received an email from SEBI on February 4, 2026. The communication relates to an announcement made on October 29, 2024, regarding its unaudited financial results (standalone and consolidated) for the quarter and half-year ended September 30, 2024.
In connection with the announcement, SEBI has sought additional information, including the chronology of events, details of insiders, MIS particulars, designated persons, and an extract of the structured digital database from the commencement of the event until the information was published or became public.
The communication is applicable for FY2024-25. The company clarified that there is no material impact on its financial operations at this stage. It also stated that no aberrations or non-compliances have been identified by the authority, and that no penalty, restriction, or sanction has been imposed pursuant to the communication.
Force Motors added that it will file a suitable reply to SEBI within the permissible timeline. No other relevant information was disclosed in the filing.
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Force Motors Q3 snapshot
Consolidated net profit jumped to Rs 406.1 crore, up 252% from Rs 115.3 crore in the same period last year.
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.
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