Force Motors Ltd reported a 53% year-on-year increase in total sales for November, delivering 2,883 units compared with 1,885 units last year.
The growth was fuelled almost entirely by the domestic market, where sales surged 59% to 2,765 units, reflecting sustained demand across small commercial vehicles, light commercial vehicles, utility vehicles and SUVs.
Exports, however, fell 21% to 118 units. Ahead of the announcement, shares of Force Motors closed 2.42% higher at ₹18,250 on the NSE.
The strong monthly performance follows a robust September quarter (Q2 FY26), in which the Pune-based automaker’s net profit more than doubled year-on-year to ₹350.6 crore, compared with ₹135 crore a year earlier.
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Revenue grew 7.2% to ₹2,081 crore, while EBITDA rose 28.3% to ₹362.1 crore, lifting operating margins to 17.4% from 14.5%. The company attributed the improvement to better realisations, higher volumes and stronger cost efficiencies.
With domestic demand holding firm and profitability metrics improving, Force Motors enters the second half of the financial year on a solid footing.
