5000332026-04-012026-06-305000332026-04-012026-06-30in-capmkt:OtherExpenses1Member5000332026-04-012026-06-30in-capmkt:OtherExpenses2Member5000332026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15000332026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss25000332026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss3iso4217:INRiso4217:INRxbrli:shares500033FORCEMOTNOTLISTEDINE451A01017Force Motors LtdMain BoardEquity2026-04-012027-03-312026-07-292026-07-22INRCroresQuarterlyFirst quarterSingle segmentAutomobile2026-07-2914:56:002026-07-2916:23:00Not applicable2026-04-012026-06-30UnauditedConsolidated2440010000038100000024781100000174903000000962000001951200000400000774000000158450000021896600000288450000002884500000775700000-8700000767000000021175000000004840000021659000005420000022201000002165600000300000221980000030000013180000010164.36164.3600164.36164.36Notes : <br /> <br /> 1. The limited review of financial results for the Quarter ended 30 June 2026 has been carried out by the Statutory Auditors. <br /> <br /> 2. Exceptional items for the year ended 31 March 2026 represents: <br /> a) Exceptional income of Rs.288.63 crore - being Government Incentives, as per the Madhya Pradesh Industrial Investment Promotion Assistance Scheme, 2010. <br /> b) Exceptional expenses of Rs.77.39 crore – The New Labour Codes became effective 21st November 2025, resulting in a past period employee benefit liability of Rs.77.39 crore and has been reported as Exceptional Item. <br /> 3. The Company has completed the acquisition of entire equity shares of Veera Tanneries Private Limited (VTPL), vide a Share Purchase Agreement dated 23 April 2026. Pursuant to such acquisition, VTPL has now become a wholly owned subsidiary of the Company and accordingly the financial results of VTPL have been consolidated as per the applicable Accounting Standards. <br /> 4. The figures of the preceding three months ended 31 March 2026 are the balancing figures between audited figures in respect of the full financial year upto 31 March 2026 and the published year to date figures upto 31 December 2025, which were subjected to limited review. <br /> <br /> 5. The Company had shifted to new tax regime u/s 115BAA of the Income tax Act, 1961 with effect from the second quarter of Financial Year 2025-26. Thus, the results for Q1 FY26-27, Q4 FY25-26, and the year ended 31 March 2026 have been prepared under the new tax regime. <br /> <br /> 6. The Ministry of Environment, Forest and Climate Change has notified the Environment Protection (End-of-Life Vehicles) Rules, 2025 ("ELV Rules") effective 1st April 2025, imposing Extended Producer Responsibility (EPR) on vehicle manufacturers for scrapping old vehicles and such obligations are to be fulfilled through the purchase of EPR certificates from registered Vehicle Scrapping Facilities via a Centralised Online Portal. As per best estimates, the Company has recognised provisions in the financial statements. <br /> <br /> 7. The Company is operating in single segment. <br /> <br /> 8. Previous period's figures have been re-grouped, re-arranged and re-classified wherever necessary. <br /> <br /> 9. The above results have been reviewed by the Audit Committee and approved by the Board of Directors in its meetings held on 29 July 2026. Other expenses1870100000Expenses capitalized-285600000Re-measurements of net defined benefit liability4900000Equity instrument through other comprehensive income58800000Share of Other Comprehensive Income of Joint Venture20000063900000970000054200000