Force Motors Approves Audited FY26 Results, Recommends ₹50 Dividend
Force Motors approved audited standalone and consolidated financial results for FY26. The company recommended a dividend of ₹50 per share for FY26. Standalone revenue was ₹9,16,700 lakh, with net profit at ₹1,21,126 lakh. Consolidated revenue was ₹9,16,751 lakh, with net profit at ₹1,21,175 lakh. The company also acquired Veera Tanneries for ₹16,196 lakh.
The approval of financial results and dividend recommendation are significant for stakeholders. The acquisition of a subsidiary also adds to the company's structure, indicating strategic growth.
The company reported strong financial results and recommended a dividend, which are positive indicators for shareholders.
Force Motors Limited announced the outcome of its Board Meeting held on April 29, 2026. The Board approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. Additionally, the Board recommended a dividend of ₹50 per equity share (500%) for the Financial Year 2025-26, subject to shareholder approval at the ensuing Annual General Meeting.
The company's auditors, Kirtane & Pandit LLP, have issued an audit report with an unmodified opinion on both the standalone and consolidated financial results. The Board Meeting commenced at 02:28 p.m. and concluded at 04:15 p.m.
For the financial year ended March 31, 2026, Force Motors reported standalone total income of ₹9,16,700 lakhs and a net profit of ₹1,21,126 lakhs. Consolidated figures showed a total income of ₹9,16,751 lakhs and a net profit of ₹1,21,175 lakhs. The company also noted an exceptional income of ₹28,863 lakhs from Government Incentives and an exceptional expense of ₹7,739 lakhs related to the New Labour Codes. Furthermore, the company acquired Veera Tanneries Private Limited for a total consideration of ₹16,196 lakhs, making it a wholly-owned subsidiary.
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FORCE MOTORS LTD filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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