ALPHA TRIBE

Sona BLW Precision Forgings LimitedUpdates, 23-01-2025: Press Release

23-01-2025 | 04:13 pm

Sona BLW Precision Forgings Ltd. reported robust Q3 FY25 results, achieving record highs in net profit and BEV revenues. Total revenue reached ₹868 crores, marking a 12% year-on-year growth, with BEV revenues soaring by 48% to account for 39% of total sales. EBITDA stood at ₹234 crores, maintaining a margin of 27%, while net profit rose 14% to ₹151 crores, resulting in a net profit margin of 17.4%. For the nine-month period, revenues hit ₹2,686 crores with a significant 17% growth, and BEV revenue constituted 36% of total revenue.

The company added a new EV program, bringing its total awarded programs to 57, and secured a new order worth ₹300 crores to supply differential assemblies for an electric passenger vehicle, with production slated to begin in Q2 FY27. Sona Comstar also plans to invest $4 million in ClearMotion Inc., enhancing its capabilities in chassis technology. With this momentum and growing market share in differential gears and starter motors, the outlook remains positive, positioning Sona Comstar favorably for future growth.

No comments yet. Be the first to comment!

All announcements from Sona BLW Precision Forgings Limited