News

Force Motors posts 8% February sales growth; exports under pressureForce Motors reported an 8.06% year-on-year rise in February sales at 3,890 units, driven by strong domestic demand, even as export volumes declined during the month. Shares traded lower post update.By Sheersh Kapoor  March 2, 2026, 2:56:27 PM IST (Published)1 Min ReadForce Motors on March 2 announced its monthly business update for February 2026, reporting total sales of 3,890 units, up 8.06% from 3,600 units in the same month last year.

Domestic sales remained the key driver, rising 8.63% year-on-year to 3,825 units compared with 3,521 units in February 2025. The company’s portfolio includes small commercial vehicles (SCV), light commercial vehicles (LCV), utility vehicles (UV) and sports utility vehicles (SUV).

Export volumes, however, declined 17.72% to 65 units from 79 units a year earlier, partially offsetting the gains in the domestic market.

Earlier this month, Force Motors reported a sharp jump in profitability for the December quarter. Consolidated net profit rose to ₹406.1 crore from ₹115.3 crore a year ago, aided by higher operating performance and a one-time gain of ₹211 crore. Revenue increased 12.6% to ₹2,128 crore, while EBITDA climbed 61.4% to ₹373.8 crore, with margins expanding to 17.5%.

Also Read: Force Motors to acquire Veera Tanneries for ₹175 crore, deal subject to due diligence

As of 2:33 PM, shares of Force Motors were trading at ₹23,520, down 3.37% on the NSE, recovering from an intraday low of ₹23,025 amid broad-based selling in the market.Continue ReadingTagsFebruary auto salesForce Motorsshare market today