Force Motors Reports 36% Drop in Q4 Net Profit Amid Rising Expenses
Force Motors Q4 net profit falls 36 pc to Rs 278.54 cr
News 18
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Force Motors Ltd experienced a 36% decline in consolidated net profit to ₹278.54 crore in Q4 FY26, influenced by increased expenses and a lack of exceptional gains compared to the previous year. Despite this, the company reported a rise in annual revenue and net profit for FY26.
- 01Q4 net profit fell to ₹278.54 crore from ₹434.74 crore in the same quarter last year.
- 02Consolidated revenue increased to ₹2,549.84 crore compared to ₹2,356.01 crore a year earlier.
- 03Total expenses rose to ₹2,210.27 crore from ₹2,105.91 crore in the previous fiscal year.
- 04Annual net profit for FY26 reached ₹1,211.75 crore, up from ₹800.86 crore in FY25.
- 05The board has proposed a dividend of ₹50 per equity share for FY26, pending shareholder approval.
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Force Motors Ltd, based in New Delhi, reported a 36% decline in consolidated net profit for the fourth quarter of FY26, amounting to ₹278.54 crore. This drop was attributed to higher expenses and the absence of exceptional item gains, which had significantly boosted profits in the same quarter last year, where the company recorded a net profit of ₹434.74 crore. Revenue from operations for the quarter increased to ₹2,549.84 crore, up from ₹2,356.01 crore in the previous year. Total expenses also rose, reaching ₹2,210.27 crore, compared to ₹2,105.91 crore in the same period last fiscal year. For the entire fiscal year ending March 2026, Force Motors reported a consolidated net profit of ₹1,211.75 crore, a significant increase from ₹800.86 crore in FY25. The company’s revenue for FY26 was ₹9,057.05 crore, compared to ₹8,071.73 crore in FY25. The board has recommended a ₹50 dividend per equity share, subject to shareholder approval. Managing Director Prasan Firodia highlighted that FY26 was a landmark year for the company, driven by strategic execution and a balanced product mix.
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The drop in net profit may affect investor confidence and could impact future investment decisions, while the proposed dividend offers some return to shareholders despite the profit decline.
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