Force Motors Q4 net profit falls 36 pc to Rs 278.54 cr

Force Motors Ltd on Wednesday reported a 36 per cent decline in consolidated net profit at Rs 278.54 crore in the fourth quarter ended March 2026, impacted by higher expenses and gain in exceptional item in the year-ago period.

Force Motors Ltd on Wednesday reported a 36 per cent decline in consolidated net profit at Rs 278.54 crore in the fourth quarter ended March 2026, impacted by higher expenses and gain in exceptional item in the year-ago period. The company had posted a consolidated net profit of Rs 434.74 crore in the corresponding quarter of the previous fiscal, during which it had a Rs 394.57 crore of exceptional item gain, Force Motors Ltd said in a regulatory filing. Consolidated revenue from operations in the fourth quarter stood at Rs 2,549.84 crore as against Rs 2,356.01 crore in the year-ago period, it added. Total expenses in the quarter under review were higher at Rs 2,210.27 crore as compared to Rs 2,105.91 crore in the corresponding period of the previous fiscal, the company said. For the fiscal year ended March 2026, consolidated net profit was at Rs 1,211.75 crore as compared to Rs 800.86 crore in the previous fiscal, Force Motors said. Revenue from operations in FY26 stood at Rs 9,057.05 crore as compared to Rs 8,071.73 crore in FY25, it added. The board has recommended a dividend of Rs 50 per equity share of Rs 10 each for the financial Year 2025-26, subject to approval of shareholders in the ensuing annual general meeting, it said. Commenting on the performance, Force Motors Managing Director, Prasan Firodia, said, ''FY2025-26 marks an unprecedented year in our journey, where consistent execution across quarters has translated into our strongest-ever financial performance.'' He further said, ''This has been driven by a clear focus on the segments where we believe we can lead and also create new segments, supported by improved operating leverage and a more balanced product mix.''