Force Motors Reports Record Q3 Performance, Revenue Up 13% YoY
₹2,155 crore (up 13% YoY)
₹401 crore (up 63% YoY)
₹403 crore (up 266% YoY)
What Happened
Force Motors announced its financial results for the quarter ended December 31, 2025, reporting record EBITDA and profit margins. The company achieved revenue of ₹2,155 crore, a 13% increase year-over-year, while EBITDA surged 63% to ₹401 crore. Profit after tax (PAT) jumped 266% to ₹403 crore, driven by higher volumes and improved operating leverage.
₹403 croreup 266% YoY
Record quarterly PAT for Force Motors
“The performance in the third quarter reflects steady demand across our core product segments and improved operating leverage as volumes have scaled through the year.”
- Domestic volumes grew 25%
- Exports volumes grew 30%
- Maintained zero-debt status
- Traveller platform market share above 70%
Why this matters
The strong results underscore Force Motors' robust operational model and growing demand across shared mobility, defense, and export markets, positioning it for a record full-year performance.
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 income after all expenses and taxes.
- Zero-debt
- A company with no outstanding borrowings.
- Operational leverage
- The extent to which a company can increase profits by increasing revenue, as fixed costs remain constant.
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