Sona BLW Precision Forgings Limited — Others, 05-08-2025: Copy of Newspaper Publication
05-08-2025 | 05:48 pm
05-08-2025 | 05:48 pm
SonaComstar has submitted newspaper clippings detailing its financial results for the quarter ended June 30, 2025. The company reported a 14.1% year-over-year drop in consolidated profit, reaching ₹121.7 crore. This decline was attributed to geopolitical pressures, including US tariff issues and a rare-earth magnet crunch. The Managing Director also addressed recent board changes, stating that one director's appointment on a nine-member board with six independents would not impact company functioning, aiming to clarify governance concerns for investors.
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