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Live2026-09-12 07:53 UTC+0 todayUpdated
Force MotorsBy Business

Force Motors Reports Record Revenue and Profit for FY2025–26

India's largest van manufacturer Force Motors achieved its highest-ever annual revenue and profit in FY2025–26, driven by strong sales across its vehicle platforms.

Revenue
₹9,167 crore
EBITDA
₹1,593 crore
Profit After Tax
₹1,211 crore

What Happened

Force Motors Limited, India's largest van manufacturer, announced its financial results for the quarter and year ended March 31, 2026. The company delivered its strongest-ever full-year financial performance, with revenue reaching ₹9,167 crore, up 13% year-on-year, and profit after tax (PAT) at ₹1,211 crore, up 51%. EBITDA grew 39% to ₹1,593 crore. The company attributes the results to consistent execution, improved operating leverage, and broad-based growth across product segments.

FY2025–26 vs Previous Year
Revenue
₹9,167 Cr (up 13%)
EBITDA
₹1,593 Cr (up 39%)
PAT
₹1,211 Cr (up 51%)
“FY2025–26 marks an unprecedented year in our journey, where consistent execution across quarters has translated into our strongest-ever financial performance. 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.”
— Mr. Prasan Firodia, Managing Director, Force Motors Limited
Operational Highlights
  • Overall wholesales grew 20% compared to previous year
  • Traveller platform maintained over 70% segment share in vans
  • Urbania recorded over 100% growth in premium mobility
  • Trax platform grew over 70% in volumes in rural and semi-urban markets

Why this matters

The results show Force Motors' resilience and market leadership in the van segment, with over 70% share, and its successful expansion into premium mobility and rural markets.

Terms in This Story

EBITDA
Earnings Before Interest, Taxes, Depreciation, and Amortization – a measure of a company's operating performance.
PAT
Profit After Tax – the net profit remaining after all expenses and taxes have been deducted.
Operating leverage
The degree to which a company uses fixed costs in its operations; higher operating leverage can lead to larger profit swings with changes in sales.
Read Original: Force Motors

Summarised from the linked release; details can be imperfect — always verify against the original source.

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