Cars & Utility Vehicles company Force Motors announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations for Q1FY27 stood at Rs 2,440.01 crore, reflecting a decrease of 4.31% QoQ compared to Rs 2,549.84 crore in Q4FY26 and an increase of 6.21% YoY from Rs 2,297.25 crore in Q1FY26. Other Income during Q1FY27 was Rs 38.10 crore, as against Rs 33.85 crore in Q4FY26 and Rs 25.06 crore in Q1FY26. Total Income for the quarter Q1FY27 was reported at Rs 2,478.11 crore, showing a decline of 4.09% QoQ from Rs 2,583.69 crore in Q4FY26 and a growth of 6.71% YoY from Rs 2,322.31 crore in Q1FY26. Profit before tax for Q1FY27 reached Rs 293.29 crore, a decrease of 22.45% QoQ from Rs 378.20 crore in Q4FY26 and an increase of 5.61% YoY from Rs 277.71 crore in Q1FY26. Net Profit for the period Q1FY27 stood at Rs 216.59 crore, reflecting a 22.24% QoQ decrease from Rs 278.54 crore in Q4FY26 and a 22.81% YoY increase from Rs 176.36 crore in Q1FY26. Total Comprehensive Income for Q1FY27 was reported at Rs 222.01 crore, compared to Rs 280.85 crore in Q4FY26 and Rs 178.48 crore in Q1FY26. Basic and Diluted Earnings Per Share (EPS) for Q1FY27 was Rs 164.36, compared to Rs 211.37 in Q4FY26 and Rs 133.82 in Q1FY26. Standalone Financial Highlights: Revenue from Operations for Q1FY27 was Rs 2,439.89 crore, a decline of 4.31% QoQ from Rs 2,549.72 crore in Q4FY26 and a growth of 6.21% YoY from Rs 2,297.12 crore in Q1FY26. Total Income for the quarter Q1FY27 stood at Rs 2,477.95 crore, down 4.09% QoQ from Rs 2,583.57 crore in Q4FY26 and up 6.71% YoY from Rs 2,322.18 crore in Q1FY26. Other Income reached Rs 38.06 crore in Q1FY27, as against Rs 33.85 crore in Q4FY26 and Rs 25.06 crore in Q1FY26. Profit before tax for Q1FY27 was reported at Rs 288.85 crore, reflecting a 22.62% QoQ decrease from Rs 373.30 crore in Q4FY26 and an increase of 0.81% YoY from Rs 286.54 crore in Q1FY26. Net Profit for the period Q1FY27 was Rs 212.07 crore, a decrease of 22.51% QoQ from Rs 273.67 crore in Q4FY26 and an increase of 14.50% YoY from Rs 185.22 crore in Q1FY26. Total Comprehensive Income for Q1FY27 was Rs 217.48 crore, compared to Rs 275.96 crore in Q4FY26 and Rs 187.33 crore in Q1FY26. Basic and Diluted Earnings Per Share (EPS) for Q1FY27 stood at Rs 160.95, compared to Rs 207.70 in Q4FY26 and Rs 140.57 in Q1FY26. Business Highlights: Acquisition of Subsidiary: The Company completed the acquisition of the entire equity shares of Veera Tanneries Private Limited (VTPL) via a Share Purchase Agreement dated April 23, 2026. Consequently, VTPL has become a wholly owned subsidiary, and its financial results have been consolidated for Q1FY27. Subsidiary and Joint Venture Performance: The newly acquired subsidiary (VTPL) reflected a total revenue of Rs 11.90 lakh and a profit after tax of Rs 8.73 lakh for the quarter ended June 30, 2026. The Joint Venture, Force MTU Power Systems Private Limited, contributed Rs 483.78 lakh as the Group's share of net profit for Q1FY27. Tax Regime: The Company shifted to the new tax regime under section 115BAA of the Income tax Act, 1961, with effect from the second quarter of FY26. Accordingly, the results for Q1FY27 have been prepared under the new tax regime. Regulatory Updates: The Ministry of Environment, Forest and Climate Change notified the Environment Protection (End-of-Life Vehicles) Rules, 2025 ("ELV Rules") effective April 01, 2025. This imposes Extended Producer Responsibility (EPR) for scrapping old vehicles, and the Company has recognized provisions in the financial statements based on best estimates. Result PDF