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Sona BLW reported a 47 percent YoY increase in consolidated net profit at Rs 112 crore in the June quarter. Brokerages say it'll be difficult to sustain the performance in the long run due to scale disadvantage and pricing pressure
Sona BLW Precision remains a good proxy play for the global electrification trend, with a 26 per cent revenue mix from EVs and a 78 per cent mix in the order book.
Sona Comstar: The company had revenue of INR.732 crore with 24% YoY growth, revenue share from Battery Electric Vehicles (BEV) at 26%, and BEV revenue growth of 13% YoY.
Auto component maker Sona BLW Precision Forgings posted a consolidated net profit of INR 112 crore in the June quarter, a 47% rise from the April-June period last year. Its revenue from operations rose to INR 731 crore in Q1 of this fiscal year from INR 584 crore in the corresponding period last year.
Automotive component maker Sona BLW Precision Forgings Ltd ((Sona Comstar) will expand its plant capacity here at an investment of about Rs 99.7 crore.According to the company, the Chennai plant capacity will be increased to 600,000 electric ...