Force Motors Reports Q1 FY27 Results: Standalone Net Profit Stands at 212.07 CR; Consolidation Shows Strong Income

Force Motors Reports Q1 FY27 Results: Standalone Net Profit Stands at 212.07 CR; Consolidation Shows Strong Income​

Force Motors Limited has reported its unaudited financial results for the quarter ending June 30, 2026. The company released both standalone and consolidated statements detailing operational performance during the period.

The Board of Directors approved the un-audited Standalone and Consolidated Financial Results along with the corresponding Limited Review Reports issued by the Statutory Auditors on July 29, 2026.

Q1 FY27 Financial Performance Summary​

The company's standalone results indicated a Total Income of 2,477.95 CR for the quarter, down from 2,583.57 CR in the corresponding period of March 31, 2026. The Net Profit for the Standalone entity was recorded at 212.07 CR, resulting in a Basic and Diluted Earnings Per Share (EPS) of 160.95.

In the consolidated results, Total Income reached 2,478.11 CR, while Net Profit stood at 216.59 CR. The Consolidated EPS for the period was 164.36.

Key financial metrics across the periods are summarized below:

Table 1: Standalone Unaudited Financial Results (IN CR)


Table 2: Consolidated Unaudited Financial Results (IN CR)

Operational Updates and Financial Context​

The company recently completed the acquisition of all equity shares of Veera Tanneries Private Limited (VTPL) on April 23, 2026. VTPL has since become a wholly-owned subsidiary, and its financial results have been consolidated in the current reporting period as per applicable Accounting Standards.

In terms of corporate finance, Force Motors Ltd confirmed that it had transitioned to the new tax regime under Section 115BAA of the Income Tax Act, 1961, effective from the second quarter of Financial Year 2025-26.

The results reflect specific financial events impacting the company:

• Exceptional Items: The company recognized exceptional income totaling approximately 288.63 CR due to Government Incentives provided under the Madhya Pradesh Industrial Investment Promotion Assistance Scheme, 2010. Conversely, a significant exceptional expense of 77.39 CR was recorded relating to a past period employee benefit liability arising from the implementation of The New Labour Codes, which became effective on November 21, 2025.
• ESG Provisions: In line with new regulations, the company recognized provisions in the financial statements concerning the Environment Protection (End-of-Life Vehicles) Rules, 2025 ("ELV Rules") notified by the Ministry of Environment, Forest and Climate Change.

Audit Review​

The results have been reviewed by Statutory Auditors Kirtane & Pandit LLP. The independent auditor's review concluded that nothing had come to their attention that caused them to believe that the accompanying statements contained any material misstatement or failed to disclose required information under applicable accounting standards.

FORCEMOT Stock Price Movement​

Today, Force Motors Ltd closed higher after gaining 0.80% in post-market trading, settling at ₹17334. The share price traded within a narrow range during the session, marking an intraday low of ₹17002 and a high of ₹17375.