Sona BLW Precision Forgings, known as Sona Comstar, has reported a 29.9% year-on-year increase in consolidated net profit to Rs 223.4 crore for the second quarter of FY27, compared with Rs 172 crore in the corresponding period last year, CNBC-TV18 reported. Revenue from operations rose 35.2% to Rs 1,546.4 crore from Rs 1,144 crore in the year-ago quarter.
Source: CNBC-TV18 via 7Globe
Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 23.3% to Rs 356.2 crore from Rs 289 crore, though the EBITDA margin declined to 23% in the September quarter from 25.2% a year earlier, CNBC-TV18 reported.
Source: CNBC-TV18 via 7Globe
Revenue from battery electric vehicle (BEV) components grew 129% year-on-year, accounting for 51% of total automotive revenues during the quarter — a record share. For the first six months of the fiscal year, revenue reached Rs 2,837 crore while net profit stood at Rs 402 crore, Autocar Professional reported.
Source: Autocar Professional
The company said its net order book stood at Rs 25,100 crore at the end of Q2 FY27, equivalent to 5.6 times its FY26 revenue, including Rs 15,200 crore from automotive EV programmes, Rs 7,700 crore from non-EV automotive programmes, Rs 1,300 crore from railways and Rs 900 crore from robotics and physical AI. It added orders worth Rs 3,600 crore during the quarter, CNBC-TV18 reported.
Source: CNBC-TV18 via 7Globe
During the quarter the company commercialised three new products, including a helical limited-slip differential for EVs and rear radar sensors for two-wheelers, and secured orders for four new programmes, including an integrated motor controller for an Indian maker of petrol and electric two-wheelers and traction motors for electric two-wheelers, Autocar Professional and CNBC-TV18 reported.
Source: Autocar Professional
