Force Motors Reports 4.5% Sales Growth in August, Domestic Demand Offsets Export Weakness.

Pune, September 4, 2025 – In August, Force Motors Ltd (NSE: FORCEMOT, BSE: 500033) reported sales of 2,403 vehicles, marking a 4.5% increase over the same period in 2024, despite weaker export performance. Growth was driven by strong demand across commercial, utility, and agricultural segments, supported by government initiatives and rising requirements in last-mile delivery. These factors contributed to sustaining the company’s growth momentum in the domestic market.

Share Market Performance

As of 10:45, the company’s share price is trading at ₹18,589.00, down ₹1,196.00 (6.04%) from its previous close of ₹19,785.00. The shares are trading in a high-low range of ₹20,240.00 and ₹18,563.00 so far, with a market cap of ₹24.47KCr.

Segmentwise Sales Performance

Total sales for August 2025 were recorded at 2,403 units by Force Motors, with an increase of 4.52% over the same figure in August 2024, which was 2,299 units. The overall growth was mainly due to the high momentum in the domestic market.

Domestic sales increased 6.6% to 2,295 units, driven by demand in Small Commercial Vehicles (SCV), Light Commercial Vehicles (LCV), Utility Vehicles (UV), and SUVs. This performance demonstrates how the company is strengthening its presence and stability in the Indian market.

Conversely, exports recorded a drastic decline of 26.02% as sales dropped to 108 units, compared to 146 units last year. Despite the deterioration in international demand, domestic performance was strong enough to overcome the weak export performance, guaranteeing the firm’s overall growth in volumes.

REF: https://nsearchives.nseindia.com/corporate/FORCEMOTORS_03092025192249_151R30BSENSELimited03092025.pdf

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