Pune, India | February 5, 2025 – Force Motors Limited (BSE: 500033, NSE: FORCEMOT) has released its sales performance report for January 2025, highlighting a 20.34% year-on-year (YoY) growth in total vehicle sales, despite a sharp decline in exports.
Key Sales Highlights for January 2025
| Category | January 2025 | January 2024 | % Increase / (Decrease) |
|---|---|---|---|
| Domestic Sales | |||
| Small Commercial Vehicles (SCV), Light Commercial Vehicles (LCV), Utility Vehicles (UV), and Sports Utility Vehicles (SUV) | 3,493 | 2,508 | 39.27% |
| Tractor* | N.A. | -- | N.A. |
| Export Sales | |||
| Small Commercial Vehicles (SCV), Light Commercial Vehicles (LCV), Utility Vehicles (UV), and Sports Utility Vehicles (SUV) | 104 | 481 | (78.37%) |
| Tractor* | N.A. | -- | N.A. |
| Total (Domestic + Export) | 3,597 | 2,989 | 20.34% |
Performance Breakdown
- Domestic Sales Surge: The company recorded a 39.27% YoY increase in domestic sales, delivering 3,493 units in January 2025, compared to 2,508 units in January 2024.
- Export Downturn: Export sales dropped significantly by 78.37%, with only 104 units sold compared to 481 units in the previous year.
- Overall Growth: Despite export challenges, Force Motors achieved a 20.34% growth in total sales, reaching 3,597 units in January 2025.