India's Force Motors logs quarterly profit jump on strong demand for vans

Force Motors

23/07/2025 15:39

Corrects paragraph 1 in July 23 article to say profit rose 55%, not 52%

July 23 (Reuters) - India's Force Motors FORC.NS clocked an about 55% jump in first-quarter profit, on the back of strong demand for its multi-seater vans.

The 'Traveller' van manufacturer reported a profit of 1.85 billion rupees ($21.4 million) for the April-June period, up from 1.2 billion rupees in the year-ago period.

Quarterly revenue jumped about 22% to 22.97 billion rupees, helped by a roughly 19% growth in its sales volume.

Force Motors' vehicles are also used as school buses and ambulances. It is also a contract manufacturer of engines for BMW BMWG.DE and Mercedes Benz MBGn.DE cars in India.

($1 = 86.3510 Indian rupees)

 (Reporting by Nandan Mandayam in Bengaluru; Editing by Shailesh Kuber)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))