Force Motors Q3 Profit Jumps Nearly 4x, Stock Triples in a Year

• Force Motors reported a significant increase in Q3 profit, rising nearly fourfold to ₹406.1 crore from ₹115.3 crore year-on-year.
• The company's revenue grew by 12.6% to ₹2,128 crore, while EBITDA surged by 61.4% to ₹373.8 crore, with margins improving to 17.5%.
• A one-time gain of ₹211 crore significantly contributed to the company's Q3 profit.
• Force Motors' January sales increased by 4.64% year-on-year to 3764 units, driven by domestic sales growth.
• The stock is a multibagger, having gained 213% in the last year and 1274% over three years, trading above ₹20000.