FORCE MOTORS LTD — Important, 05-02-2025: Monthly Business Updates

Domestic sales for Force Motors in January 2025 saw a significant increase, with a total of 3,493 units sold in the Small Commercial Vehicles, Light Commercial Vehicles, Utility Vehicles, and Sports Utility Vehicles categories, marking a robust 39.27% rise from January 2024. However, export performance faced a steep decline, with only 104 units sold in the same product categories, reflecting a 78.37% drop year-on-year. Overall, combined domestic and export sales for these vehicles totaled 3,597 units, a 20.34% increase compared to the previous year. It's noteworthy that the company has officially discontinued its tractor business as of March 31, 2024. The mixed sales performance indicates a positive outlook on domestic demand but highlights challenges in the export market, warranting close monitoring.