FORCE MOTORS LTD — Important, 04-03-2025: Monthly Business Updates

In February 2025, Force Motors reported a remarkable 48.81% increase in domestic sales of Small Commercial Vehicles (SCV), Light Commercial Vehicles (LCV), Utility Vehicles (UV), and Sports Utility Vehicles (SUV), achieving 3,521 units sold compared to 2,366 units in February 2024. However, export sales in the same category experienced a decline of 16.84%, with only 79 units sold against 95 units in February 2024. Overall, domestic and export sales combined rose by 46.28%, totaling 3,600 units, up from 2,461 units year-over-year. Notably, the company has discontinued its tractor business effective from March 31, 2024. The LCV segment includes 1,033 units sold under a government order from Uttar Pradesh for the supply of 2,429 vehicles, with cumulative sales of 2,035 units reported up to February 2025. The positive domestic sales trajectory suggests a favorable outlook for the company, while export challenges warrant attention.