Force Motors shares are in focus after the company announced plans to acquire a 100% stake in Veera Tanneries (VTPL) for ₹175 crore. The company has entered into a Memorandum of Understanding (MoU) with VTPL and its shareholders to acquire full equity ownership, with the agreement executed on February 6, 2026. The total consideration for the transaction is ₹175 crore. For Q3FY26, Force Motors reported a 252% YoY jump in consolidated net profit to ₹406.1 crore, compared with ₹115.3 crore in the same quarter last year. Revenue rose 12.7% YoY to ₹2,128.6 crore. The strong performance was aided by exceptional gains of ₹211.2 crore, compared with nil in the year-ago period. In January sales, total volumes increased 4.6% YoY to 3,764 units. Domestic sales rose 4.92% to 3,665 units, while exports declined 4.81% to 99 units.

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