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FORCEMOT
reported a mixed Q4 performance on a consolidated YoY basis. The company’s net profit declined 35.9% to ₹278.5 crore compared to ₹434.7 crore in the same quarter last year, largely impacted by the absence of exceptional gains, which stood at Nil versus ₹394.57 crore earlier.
On the operational front, revenue showed resilience, rising 8.2% to ₹2,549.8 crore from ₹2,356 crore, indicating stable business momentum.
Following the Q4 update on April 30, the stock witnessed a negative market reaction, falling over 5% during the session, reflecting cautious sentiment around the earnings performance and sharp decline in reported profitability.
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