FORCEMOT Q2 FY27 results at a glance
FORCE MOTORS LIMITED Q2 FY27 key results metrics| Quarter | Q2 FY27 |
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| Quarter ended | 30 Sept 2026 |
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| Revenue | ₹2,925 cr |
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| Revenue YoY | +40.5% |
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| Operating profit | ₹352 cr |
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| Operating margin | 12.0% |
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| Net profit | ₹294 cr |
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| Net profit YoY | -16.2% |
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| Net profit QoQ | +35.7% |
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| Net margin | 10.0% |
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| Basic EPS | ₹223.03 |
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| TTM revenue | ₹10,043 cr |
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| TTM net profit | ₹1,195 cr |
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| TTM net margin | 11.9% |
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FORCEMOT Q2 FY27 results: what the numbers say
FORCE MOTORS LIMITED (FORCEMOT) has reported its Q2 FY27 results for the quarter ended 2026-09-30. The company posted revenue of ₹2,925 cr and a net profit of ₹294 cr, translating into earnings per share of ₹223.03.
Compared with the same quarter a year earlier, revenue grew strongly by +40.5% and net profit declined by -16.2%. Profit trailing revenue growth suggests costs, interest or tax absorbed part of the topline gain.
Operating profit for the quarter stood at ₹352 cr, an operating margin of 12.0% versus 14.0% a year ago — a contraction of 2.0 percentage points.
FORCEMOT quarter-wise results table
Revenue
₹2,925 cr
+40.5% YoY
Net profit
₹294 cr
-16.2% YoY
Operating profit
₹352 cr
+20.6% YoY
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FORCE MOTORS LIMITED (FORCEMOT) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
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| Q2 FY272026-09-30 | ₹2,925 cr | ₹352 cr | ₹294 cr | 12.0% | 10.0% | ₹223.03 | -16.2% | +35.7% |
| Q1 FY272026-06-30 | ₹2,440 cr | ₹250 cr | ₹217 cr | 10.3% | 8.9% | ₹164.36 | — | -22.2% |
| Q4 FY262026-03-31 | ₹2,550 cr | ₹342 cr | ₹279 cr | 13.4% | 10.9% | ₹211.37 | — | -31.4% |
| Q3 FY262025-12-31 | ₹2,129 cr | ₹301 cr | ₹406 cr | 14.2% | 19.1% | ₹308.22 | — | +15.8% |
| Q2 FY262025-09-30 | ₹2,081 cr | ₹292 cr | ₹351 cr | 14.0% | 16.8% | ₹266.14 | — | — |
| TTM (last 4 quarters) | ₹10,043 cr | ₹1,246 cr | ₹1,195 cr | 12.4% | 11.9% | ₹906.98 | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
FORCEMOT quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
FORCE MOTORS LIMITED quarterly income statement| Particulars | Q2 FY272026-09-30 | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q2 FY262025-09-30 |
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| Revenue / Sales | ₹2,925 cr | ₹2,440 cr | ₹2,550 cr | ₹2,129 cr | ₹2,081 cr |
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| Total expenses | ₹2,573 cr | ₹2,190 cr | ₹2,208 cr | ₹1,827 cr | ₹1,790 cr |
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| Gross profit | ₹834 cr | ₹710 cr | ₹795 cr | ₹682 cr | ₹674 cr |
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| Operating profit (EBIT) | ₹352 cr | ₹250 cr | ₹342 cr | ₹301 cr | ₹292 cr |
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| Operating margin | 12.0% | 10.3% | 13.4% | 14.2% | 14.0% |
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| Interest cost | ₹2.12 cr | ₹0.04 cr | ₹2.74 cr | ₹0.16 cr | ₹0.23 cr |
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| Profit before tax | ₹396 cr | ₹293 cr | ₹378 cr | ₹543 cr | ₹317 cr |
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| Tax expense | ₹102 cr | ₹76.7 cr | ₹99.66 cr | ₹136 cr | -₹33.52 cr |
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| Effective tax rate | 25.7% | 26.2% | 26.4% | 25.2% | -10.6% |
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| Net profit (PAT) | ₹294 cr | ₹217 cr | ₹279 cr | ₹406 cr | ₹351 cr |
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| Net profit margin | 10.0% | 8.9% | 10.9% | 19.1% | 16.8% |
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| Basic EPS | ₹223.03 | ₹164.36 | ₹211.37 | ₹308.22 | ₹266.14 |
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| Diluted EPS | ₹223.03 | ₹164.36 | ₹211.37 | ₹308.22 | ₹266.14 |
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FORCEMOT results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q2 FY27 | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q2 FY26 |
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| Revenue YoY | +40.5% | — | — | — | — |
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| Revenue QoQ | +19.9% | -4.3% | +19.8% | +2.3% | — |
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| Operating profit YoY | +20.6% | — | — | — | — |
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| Operating profit QoQ | +40.5% | -26.9% | +13.6% | +3.2% | — |
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| Net profit YoY | -16.2% | — | — | — | — |
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| Net profit QoQ | +35.7% | -22.2% | -31.4% | +15.8% | — |
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| EPS YoY | -16.2% | — | — | — | — |
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| EPS QoQ | +35.7% | -22.2% | -31.4% | +15.8% | — |
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FORCEMOT annual results history
Full-year performance for FORCE MOTORS LIMITED, useful for reading each quarter in context.
FORCE MOTORS LIMITED annual income statement| Particulars | FY262026-03-31 | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 |
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| Revenue / Sales | ₹8,980 cr | ₹8,007 cr | ₹6,932 cr | ₹4,981 cr |
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| Total expenses | ₹7,783 cr | ₹7,189 cr | ₹6,289 cr | ₹4,835 cr |
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| Gross profit | ₹2,583 cr | ₹2,059 cr | ₹1,756 cr | ₹1,028 cr |
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| Operating profit (EBIT) | ₹1,197 cr | ₹818 cr | ₹643 cr | ₹146 cr |
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| Operating margin | 13.3% | 10.2% | 9.3% | 2.9% |
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| Interest cost | ₹3.08 cr | ₹25.69 cr | ₹61.13 cr | ₹68.31 cr |
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| Profit before tax | ₹1,516 cr | ₹1,238 cr | ₹605 cr | ₹272 cr |
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| Tax expense | ₹304 cr | ₹437 cr | ₹217 cr | ₹139 cr |
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| Effective tax rate | 20.1% | 35.3% | 35.8% | 50.9% |
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| Net profit (PAT) | ₹1,212 cr | ₹801 cr | ₹388 cr | ₹134 cr |
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| Net profit margin | 13.5% | 10.0% | 5.6% | 2.7% |
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| Basic EPS | ₹919.56 | ₹607.71 | ₹294.54 | ₹101.43 |
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| Diluted EPS | ₹919.56 | ₹607.71 | ₹294.54 | ₹101.43 |
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Revenue trend and demand read-through
Topline for Q2 FY27 came in at ₹2,925 cr against ₹2,081 cr in Q2 FY26, and ₹2,440 cr in the preceding Q1 FY27 quarter.
On a sequential basis revenue grew +19.9%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹2,573 cr, or 88.0% of revenue, with operating profit grew +20.6% year on year.
Margins, tax and profitability
Net profit of ₹294 cr works out to a net margin of 10.0% compared with 16.8% in the year-ago quarter. Margin pressure of this kind usually reflects higher input costs, pricing competition, or a heavier interest and depreciation load.
Below the operating line, FORCE MOTORS LIMITED reported profit before tax of ₹396 cr, a tax charge of ₹102 cr (effective rate 25.7%), interest cost of ₹2.12 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from ₹217 cr in Q1 FY27 to ₹294 cr in Q2 FY27, a change of +35.7%.
Trailing twelve months and annual context
Across the trailing four quarters FORCE MOTORS LIMITED has generated revenue of ₹10,043 cr and net profit of ₹1,195 cr, a trailing net margin of 11.9%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹8,980 cr with net profit of ₹1,212 cr and EPS of ₹919.56, versus the prior year where revenue grew +12.1% and profit grew +51.3%.
What to watch in the next FORCEMOT quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A single weak quarter matters less than the direction over three to four consecutive quarters.
No next results date is available in the board-meeting calendar. Statement figures update when Yahoo Finance makes them available; this is not an immediate exchange-filing feed.
Financial figures here are supplied through Yahoo Finance fundamentals and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
FORCEMOT results coverage
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FORCEMOT quarterly results FAQs
What were FORCE MOTORS LIMITED (FORCEMOT) Q2 FY27 results?
In Q2 FY27 (quarter ended 30 Sept 2026), FORCE MOTORS LIMITED reported revenue of ₹2,925 cr and net profit of ₹294 cr, a change of -16.2% year on year on +40.5% revenue growth. EPS stood at ₹223.03.
What is FORCEMOT profit margin in Q2 FY27?
FORCE MOTORS LIMITED posted a net profit margin of 10.0% and an operating margin of 12.0% in Q2 FY27. On a trailing twelve-month basis, revenue is ₹10,043 cr and net profit ₹1,195 cr.
Did FORCEMOT results beat the previous quarter?
FORCE MOTORS LIMITED net profit changed +35.7% quarter on quarter, from ₹217 cr in Q1 FY27 to ₹294 cr in Q2 FY27.
When are FORCE MOTORS LIMITED (FORCEMOT) quarterly results?
FORCE MOTORS LIMITED has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Where can I see FORCEMOT latest quarterly results?
Our latest FORCEMOT results coverage — "FORCE MOTORS LTD Q2 FY27 Results: Net Profit ₹294 cr, Revenue from operations ₹2,925 cr" — breaks down revenue, profit, margins and management commentary.
What is FORCE MOTORS LIMITED annual revenue and profit?
For FY26, FORCE MOTORS LIMITED reported full-year revenue of ₹8,980 cr and net profit of ₹1,212 cr, with EPS of ₹919.56.
How many quarterly results has FORCEMOT declared recently?
Past results dates for FORCEMOT will be listed here from the exchange calendar.
Results dates: NSE board-meeting calendar. Financial figures: Yahoo Finance fundamentals, not a direct exchange filing feed. Last successful data fetch 13 Nov 2026. Figures can be delayed; results change only when the provider publishes them. For information only, not investment advice.
