FORCEMOT

Corrects paragraph 1 in July 23 article to say profit rose 55%, not 52%

July 23 (Reuters) - India's Force Motors FORC.NS clocked an about 55% jump in first-quarter profit, on the back of strong demand for its multi-seater vans.

The 'Traveller' van manufacturer reported a profit of 1.85 billion rupees ($21.4 million) for the April-June period, up from 1.2 billion rupees in the year-ago period.

Quarterly revenue jumped about 22% to 22.97 billion rupees, helped by a roughly 19% growth in its sales volume.

Force Motors' vehicles are also used as school buses and ambulances. It is also a contract manufacturer of engines for BMW BMWG.DE and Mercedes Benz MBGn.DE cars in India.

($1 = 86.3510 Indian rupees)

(Reporting by Nandan Mandayam in Bengaluru; Editing by Shailesh Kuber)

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July 23 (Reuters) - Force Motors Ltd FORC.NS:

• FORCE MOTORS Q1 CONSOL NET PROFIT 1.76 BILLION RUPEES

• FORCE MOTORS Q1 CONSOL REVENUE FROM OPERATIONS 22.97 BILLION RUPEES

Source text: [ID:]

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July 11 (Reuters) - Force Motors Ltd FORC.NS:

• HIGH COURT OF BOMBAY HAS SET ASIDE TAX NOTICE

Source text: [ID:]

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July 3 (Reuters) - Force Motors Ltd FORC.NS:

• FORCE MOTORS LTD - TOTAL SALES INCREASE 13.16% IN JUNE 2025

Source text: ID:nBSE7mk1lK

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June 9 (Reuters) - Force Motors Ltd FORC.NS:

• RESIGNATION OF SANJAY KUMAR BOHRA AS CHIEF FINANCIAL OFFICER

• NAMES RISHI LUHARUKA AS CHIEF FINANCIAL OFFICER

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** Force Motors shares FORC.NS up 1% to 12,455; earlier rose as much as 4.1% to record high of 12,835 rupees

** Auto maker's total sales in May rise 19.1% Y/Y to 3,088 units; domestic sales surge 24.5%, while exports fall 52.2%

** FORC up nearly 94% YTD

(Reporting by Vijay Malkar)

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June 4 (Reuters) - Force Motors Ltd FORC.NS:

• FORCE MOTORS LTD - MAY TOTAL SALES AT 3,088 UNITS

Source text: [ID:]

Further company coverage: FORC.NS

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** Shares of Force Motors FORC.NS climb as much as 5.3% to a record high of 10,598.5 rupees, last up 1.8%

** Automaker reported 41.5% y/y increase in domestic sales in April, while total sales rose 24% y/y

** About 238,500 shares traded, 2.1x the 30-day avg

** Stock up ~55% year-to-date

(Reporting by Manvi Pant in Bengaluru)

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** Shares of Force Motors FORC.NS rise as much as 4.8% to 9,601 rupees, highest since July 30

** Co on Friday reported 27.5% Y/Y rise in Q4 consol profit before exceptional items while rev from ops rose 17.1% Y/Y

** Co recorded a one-off income of 3.95 bln rupees ($46.3 mln) from government incentives

** Declares dividend of 40 rupees/shr for FY 2024-25

** Stock is witnessing its most active trading session since Oct. 31 with more than 353,000 shares change hands, 4.9x of 30-day avg

** Stock up 41.2% YTD

($1 = 85.2810 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

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April 25 (Reuters) - Force Motors Ltd FORC.NS:

• FORCE MOTORS LTD - DIVIDEND 40 RUPEES PER SHARE

• FORCE MOTORS Q4 CONSOL NET PROFIT 4.35 BILLION RUPEES

• FORCE MOTORS Q4 CONSOL REVENUE FROM OPERATIONS 23.56 BILLION RUPEES

Source text: ID:nBSE4Jdfcx

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April 4 (Reuters) - Force Motors Ltd FORC.NS:

• FORCE MOTORS LTD - DOMESTIC SALES UP 11.02% IN MARCH 2025

• FORCE MOTORS LTD - TOTAL SALES UP 0.87% Y/Y IN MARCH 2025

Source text: ID:nBSEDxLgC

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** Shares of Force Motors FORC.NS jump 4% to 9,140 rupees

** Utility vehicles maker bags order for 2,978 units of Force Gurkha light vehicles from Indian defence

** FORC did not disclose the financial details of the order

** Stock set to gain for third straight session

** FORC up ~41% YTD

(Reporting by Vijay Malkar)

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March 27 (Reuters) - Force Motors Ltd FORC.NS:

• INDIA GOVERNMENT: INKS 25 BILLION RUPEES CONTRACTS WITH MAHINDRA AND MAHINDRA, FORCE MOTORS FOR 5,000 LIGHT VEHICLES

• INDIA GOVERNMENT: 25 BILLION RUPEES CONTRACTS INCLUDE ANOTHER CONTRACT WITH ARMOURED VEHICLE NIGAM LIMITED FOR ANTI-TANK WEAPON PLATFORM

Source text: [ID:]

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** Force Motors' FORC.NS shares rises 3% to 7,365 rupees, their highest in over two months

** Automobile co's Feb. 2025 sales grows 46.3% Y/Y to 3,600 units

** Shares trading above 50-,100- day moving avgs

** Set for fourth straight day of gains, if trend sustains

** Stock up 12.5% so far this year, continuing a 94% climb from 2024

(Reporting by Aleef Jahan in Bengaluru)

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March 4 (Reuters) - Force Motors Ltd FORC.NS:

• FORCE MOTORS LTD - DOMESTIC SALES OF SCV, LCV, UV, SUV UP 48.81% IN FEBRUARY 2025

Source text: ID:nBSE5py85z

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Feb 10 (Reuters) - Force Motors Ltd FORC.NS:

• Q3 CONSOL NET PROFIT 1.15 BILLION RUPEES

• Q3 CONSOL REVENUE FROM OPERATIONS 18.89 BILLION RUPEES

Source text: ID:nBSE84wFdS

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** Shares of India's Force Motors FORC.NS jump 6% to 6780 rupees, set for best day in a month

** Automaker's monthly sales for January climbed 20.3% y/y

** Trading vols 91,000 shares vs 30-day avg of 37,400 shares

** Stock has risen 4% this year so far

(Reporting by Hritam Mukherjee in Bengaluru)

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Jan 3 (Reuters) - Force Motors Ltd FORC.NS:

• TOTAL SALE IN DECEMBER DOWN 18.07% Y/Y

Source text: ID:nBSE48MjpQ

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** Shares of Force Motors FORC.NS rise 12% to 7,414 rupees, their highest pct gain since early Nov. 2024

** Automaker gets an order for supply of 2,429 units of ambulance to Uttar Pradesh health department

** FORC to rise for third straight session, gaining ~15% in the period

** Stock rose ~94% in 2024

(Reporting by Yagnoseni Das in Bengaluru)

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Dec 4 (Reuters) - Force Motors Ltd FORC.NS:

• FORCE MOTORS LTD - NOV TOTAL SALES UP 0.05% Y/Y

Source text: ID:nBSE96V1W

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Oct 29 (Reuters) - Force Motors Ltd FORC.NS:

• Q2 CONSOL NET PROFIT 1.35 BILLION RUPEES

• Q2 CONSOL REVENUE FROM OPERATIONS 19.41 BILLION RUPEES

Source text: ID:nBSE1nKBm8

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** Shares of Force Motors FORC.NS settle 3.7% down at 6,930 rupees

** Auto maker reported a 7.2% y/y drop in monthly sales for September, with exports plummeting 70.6%

** FORC drop for a third straight session, shedding 9.5% in the period

** Still, stock has doubled in 2024, rising 105%

(Reporting by Nishit Navin)

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** Shares of auto maker Force Motors FORC.NS shed 2.8% to 7,778.5 rupees apiece

** Auto and auto components maker logs a drop in total sales in domestic and export markets in August

** FORC sees 23.82% year-on-year drop in total sales in August to 2,299 units from 3,018 units

** Domestic sales across small- (SCV), light commercial vehicles (LCV) and utility vehicles (UV) down 8.11% in August, exports down 78.37%

** FORC shares up 132.2% this year so far - Exchange data

(Reporting by Bharath Rajeswaran in Bengaluru)

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Sept 5 (Reuters) - Force Motors Ltd FORC.NS:

• AUG TOTAL DOMESTIC SALES 2,153 UNITS VERSUS 2,343 UNITS YEAR AGO

• AUG TOTAL SCV, LCV, UV SALES DOWN 23.82% Y/Y

Source text for Eikon: ID:nBSE6bd5nr

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BENGALURU, July 30 (Reuters) - Indian automaker Force Motors FORC.NS reported a 69% rise in quarterly profit on Tuesday as it benefitted from increasing demand, boosting its shares 10%.

The company, which also makes engines for BMW BMWG.DE and Mercedes MBGn.DE cars in India, said its consolidated net profit rose to 1.16 billion rupees (about $14 million) in the April-June quarter, from 685.6 million rupees a year earlier.

Force, which manufactures commercial vehicles (CV), including vans, school buses and ambulances, reported a 27% rise in revenue to 18.85 billion rupees during the quarter, driven by a 10% jump in sales volumes.

CV sales are often viewed as an indicator of economic activity in India.

CV manufacturers reported a 3.5% rise in sales in the April-June period, defying market expectations, with analysts expecting a decline in sales due to India's general elections during the quarter.

Economic growth, favourable government policies and a likely good monsoon are expected to fuel demand in the CV sector in fiscal 2025, according to an industry body.

($1 = 83.7250 Indian rupees)

(Reporting by Nandan Mandayam in Bengaluru; Editing by Sonia Cheema)

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July 2 (Reuters) - Force Motors Ltd FORC.NS:

• FORCE MOTORS - JUNE DOMESTIC SALES OF SCV, LCV, UV RISES 12.66% Y/Y

Source text for Eikon: ID:nNSE1ddkY7

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** Shares of Force Motors FORC.NS rise as much as 2.4% to 8,590 rupees; last up 1.8%

** The automaker's total domestic vehicle sales in May rose 13.9% y/y

** Including session's gains, stock is up over 155% YTD vs a 31% rise in the Nifty auto index .NIFTYAUTO

(Reporting by Manvi Pant in Bengaluru)

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** Shares of Force Motors FORC.NS rise 2.2% to 9,712.7 rupees

** The automaker said on Friday its domestic and export sales of commercial and utility vehicles rose 43.54% Y/Y in April

** FORC trading above its 100-day and 200-day simple moving averages since May 2023

** Stock had gained ~32% in April

** FORC up 190% so far in 2024 vs a 21.2% rise in the Nifty Auto Index .NIFTYAUTO

(Reporting by Ashna Teresa Britto in Bengaluru)

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May 3 (Reuters) - Force Motors Ltd FORC.NS:

• APRIL SALES – DOMESTIC + EXPORT FOR CVS AND UTILITY VEHICLES ROSE 43.54% Y/Y

Source text for Eikon: ID:nBSE58wwZW

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** Shares of automaker Force Motors FORC.NS rise as much as 12.8% to 9,240 rupees, hitting a record high

**Stock last up 4.9%, rising for the 7th consecutive session

** FORC on Friday said its domestic sales in March rose 34% year-on year to 3,248 units

** Its exports in March rose to 420 units from 106 units a year ago

** More than 180,000 shares change hands, 2.5x the 30-day avg

(Reporting by Anisha Ajith in Bengaluru)

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