Outcome of Board Meeting- Results for the quarter ended on 30th June, 2026.

FML: SEC: F-43A (XIII) 29th July, 2026 To, To, BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No.C-1, G Block Dalal Street, Mumbai – 400 001. Bandra-Kurla Complex, Bandra (East), Mumbai 400 051. Scrip Code: 500033 NSE Symbol: FORCEMOT Subject: Outcome of the Board Meeting held on 29th July, 2026 - Approval of Unaudited Standalone and Consolidated Financial Results for the quarter ended on 30th June, 2026. Dear Sir / Madam, In terms of the provisions of Regulation 30 (read with Part A of Schedule III) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors in its meeting held today, i.e. on Wednesday, 29th July, 2026, have, inter- alia, considered and approved the following: 1. Un-audited Financial Statements (Standalone and Consolidated) for the Quarter ended on 30th June, 2026. 2. Limited Review Reports on Un-audited Financial Statements (Standalone and Consolidated) for the Quarter ended on 30th June, 2026, issued by the Statutory Auditors. A copy of the aforementioned Un-audited Financial Statements (Standalone and Consolidated) and Limited Review Reports for the Quarter ended on 30th June, 2026, issued by the Statutory Auditors are attached to this intimation letter. The meeting of the Board of Directors commenced at 02.56 p.m. and concluded at 04.23 p.m. This is for your information and records. Thanking you, Yours faithfully, For, Force Motors Limited Rohan Sampat Company Secretary & Compliance Officer M. No.: F14037 Encl.: A/a. FORCE MOTORS LIMITED CIN L34102PN1958PLC011172 Regd. Office : Mumbai-Pune Road, Akurdi, PUNE – 411 035, INDIA. Tel. : (+91) 20 2747 63 81 Visit us at : www.forcemotors.com FORCE STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE 2026. ("IN CR.) QUARTER ENDED YEAR ENDED Particulars 3'0 June 31 March 30June 31 March 2026 2026 2025 2026 Unaudited Ref.Note 4 Unaudited Audited 1. Revenue from Operations 2,439.89 2,549.72 2,297.12 9,056.54 2. Other Income 38.06 33.85 25.06 110.46 3. Total Income (1+ 2) 2,477.95 2,583.57 2,322.18 9,167.00 4. Expenses (a) Cost of Materials consumed 1,749.03 1,677.17 1,706.63 6,427.20 (b) Changes in inventories offinished goods 9.62 117.62 (22.14) (22.51) and work-in-progress (c) Employee benefits expense 195.12 181.49 166.45 686.31 (d) Finance costs 0.04 2.74 0.13 3.26 (e) Depreciation and amortization expense 76.85 72.03 70.29 285.99 (f) Other expenses 187.00 198.88 148.17 627.86 (g) Expenses capitalized (28.56) (39.66) (33.89) (144.96) Total Expenses 2,189.10 2,210.27 2,035.64 7,863.15 5. Profit I (Loss) before exceptional items and tax 288.85 373.30 286.54 1,303.85 (3-4) 6. Exceptional Items (Net) - - - 211.24 7. Profit I (Loss) Before Tax (5+6) 288.85 373.30 286.54 1,515.09 8. Tax expense (a) Current tax 77.54 93.47 103.37 402.34 (b) Deferred tax (0.76) 6.13 (2.05) (98.54) (c) Taxation in respect of earlier years - 0.03 - 0.03 Total tax expense 76.78 99.63 101.32 303.83 9. Net Profit I (Loss) for the period (7-8) 212.07 273.67 185.22 1,211.26 10. Other Comprehensive Income Items that will not be reclassified to profit or loss 5.41 2.29 2.11 1.95 (Net of income tax) 11. Total Comprehensive Income for the period 217.48 275.96 187.33 1,213.21 (9+10) 12. Paid-up equity share capital 13.18· 13.18 13.18 13.18 (Face value of UO per Share) 13. Other Equity 4,250.95 14. Basic and Diluted Earnings Per Share 160.95 207.70 140.57 919.28 (not annualised) (in ~l FORCE MOTORS LIMITED CIN: L34102PN1958PLC011172 Regd. Office: Mumbai-Pune Road, Akurdi, PUNE -411 035, INDIA. Tel.: (+91) 20 27476381 Visit us at : www.forcemotors.com FORCE Notes: 1. The limited review of financial results for the Quarter ended 30 June 2026 has been carried out by the Statutory Auditors. 2. Exceptional items for the year ended 31 March 2026 represents: a) Exceptional income of ~288.63 crore - being Government Incentives, as per the Madhya Pradesh Industrial Investment Promotion Assistance Scheme, 2010. b) Exceptional expenses of U7.39 crore -The New Labour Codes became effective 21st November 2025, resulting in a past period employee benefit liability of U7.39 crore and has been reported as Exceptional Item. 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. 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. 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 Ql FY26-27, Q4 FY25-26, and the year ended 31 March 2026 have been prepared under the new tax regime. 6. The Ministry of Environment, Forest and Climate Change has notified the Environment Protection (End-of Life Vehicles) Rules, 2025 ("ELV Rules") effective Olst 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. 7. The Company is operating in single segment. 8. Previous period's figures have been re-grouped, re-arranged and re-classified wherever necessary. 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. fthe Board of Directors FORCE MOTORS LIMITED GIN: L34102PN1958PLC011172 Regd. Office : Mumbai-Pune Road, Akurdi, PUNE -411 035, INDIA. Tel. : (+91) 20 27476381 Visit us at : www.forcemotors.com A. Statement on deviation or variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement, etc. - Not Applicable. B: Format for disclosing outstanding default on loans and debt securities - Not Aapplicable. C. Format for disclosure of Related Party Transactions {applicable only for Half-yearly filings i.e. 2nd and 4th quarter) - Not Applicable. D. Statement on impact of audit qualifications (for Audit Report with Modified Opinion) submitted along with Annual Audited Financial Results {Standalone and Consolidated separately) (applicable only for Annual Filing i.e. 4th quarter) - Not Applicable. KIRTANE pA ND IT Chartered Accountants Pune I Mumbai I Nashik I Bengaluru I Hyderabad I New Delhi I Chennai Independent Auditor's Review Report on Quarterly Unaudited Standalone Financial Results of the Company Pursuant to Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of Force Motors Limited Report on review of the Standalone Financial Statements 1. We have reviewed the accompanying statement of standalone unaudited financial results of Force Motors Limited (the "Company") for the quarter ended June 30, 2026 and year to date from April 1, 2026 to June 30, 2026 ("the Statement") being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations") 2. This statement is the responsibility of the Company's Management and has been approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescr [Showing first 8,000 characters — download PDF for full document]