Data from exchanges showed that from February 15 to 20, 2024, its share price rose 21.8%
According to the filings, Force Motors said it has received an email communication from SEBI on March 4, 2026, seeking details related to the results disclosure made on February 12, 2024, for the quarter and nine months ended on 31 December 2023, as well as movement in the company’s share price between February 15 and February 20, 2024.
The company said it will file suitable replies to SEBI but provided no other information. Shares of Force Motors closed 1.7 per cent higher at ₹21,815, on March 5.
Data from exchanges showed that from February 15 to 20, 2024, its share price rose 21.8 per cent.
Profit & revenue details
For the quarter that ended December 31, 2023 (Q3 FY24), Force Motors reported revenue of ₹1,692 crore, compared with ₹1,304 crore in the same quarter a year ago, marking a strong year-on-year (y-o-y) increase. The company posted a net profit of ₹85 crore.
More recently, for the quarter that ended September 30, 2024 (Q2 FY25), the company reported net profit of ₹135.02 crore, up 43.83 per cent y-o-y. Revenue from operations rose 7.75 per cent to ₹1,941.33 crore, while profit before tax (PBT) increased 44.09 per cent to ₹211.48 crore.
For the first half of FY25, Force Motors reported a net profit of ₹250.75 crore on revenue of ₹3,826.23 crore. Strong demand for luxury engines supplied to global brands like BMW and Mercedes-Benz helped offset a decline in sales of its multi-seater van segment. The automaker has also maintained a zero-debt balance sheet, according to its financial disclosures.
Published on March 5, 2026