Auto major Force Motors Ltd on Wednesday (July 23), reported a 52.3% year-on-year spike in net profit at ₹176.3 crore for the first quarter that ended June 30, 2025. In the corresponding quarter of the previous fiscal, Force Motors posted a net profit of ₹115.7 crore.
Revenue from operations increased 21.9% to ₹2,297 crore against ₹1,885 crore a year ago.
At the operating level, EBITDA surged 33.3% YoY to ₹332 crore over ₹249 crore in Q1FY25. The EBITDA margin increased to 14.4% over 13.2% last year.
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Further, Force Motors said its board of directors has approved the appointment of Anshul Saxena as part of the company’s senior management personnel. The decision was based on the recommendation of the Nomination & Remuneration Committee.
Saxena has been designated as vice president – corporate strategy, with the appointment effective from today, July 23. In this role, he will be responsible for leading the company’s long-term strategic planning and initiatives.
With over 19 years of experience, Anshul Saxena is known for his cross-functional leadership skills. He has previously served as a strategic advisor and board member for various manufacturing companies. His core expertise lies in formulating long-term growth strategies, fostering strategic partnerships, and ensuring effective execution of corporate initiatives.
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The results came after the close of the market hours. Shares of Force Motors Ltd ended at ₹17,260, down by ₹240.90 or 1.38%, on the BSE.
(Edited by : Shoma Bhattacharjee)
