Force Motors Limited reported a robust increase in sales for February 2025, with a 46.28% year-on-year (YoY) rise in combined domestic and export sales. The company sold a total of 3,600 units in February 2025, compared to 2,461 units in the same month last year.
In the domestic market, sales surged by 48.81%, with 3,521 units sold in February 2025, up from 2,366 units in February 2024. This growth was largely driven by the demand for small commercial vehicles (SCV), light commercial vehicles (LCV), utility vehicles (UV), and sports utility vehicles (SUV).
However, export sales saw a decline, with 79 units shipped in February 2025 compared to 95 units in February 2024, marking a drop of 16.84%. The company also confirmed that it had discontinued its tractor business as of March 31, 2024.
A significant contribution to the domestic sales figures came from an ongoing order from the Uttar Pradesh Government, which placed an order for 2,429 vehicles. As of February 2025, Force Motors had fulfilled 2,035 units from this order.
The company disclosed these figures in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
