Page 2 - Sona Blw Precision Forgings Ltd.

Sona BLW Q1 results: Net profit falls 14% to ₹122 cr, income dips

Sona BLW Precision Forgings on Monday reported a 14 per cent year-on-year fall in consolidated net profit to Rs 122 crore for the June quarter. The auto component major posted a net profit of Rs 142 crore for the April-June quarter of last year. Total income declined to Rs 895 crore in the first quarter against Rs 900 crore in the year-ago period, Sona BLW Precision Forgings (Sona Comstar) said in a regulatory filing. "Q1 FY26 was a challenging quarter for us due to the convergence of multiple adverse factors, which are temporary, and some have started to resolve already," Sona Comstar MD and Group CEO Vivek Vikram Singh said. The company ended the quarter with a few large order wins, closing the quarter with an all-time high net order book, he added. "We have received a large order from a North American OEM (original equipment manufacturer) to supply differential assemblies. This is our largest order win in the last two-and-a-half years. We believe this is likely to be one of the

Baseless, legally untenable: Sona hits back at Rani Kapur's claims

Sona Comstar refutes allegations by Rani Kapur as baseless and misleading, citing her lack of role in the company and defending its independent governance and shareholder interests

Sona Comstar shareholders appoint Sunjay Kapur's wife Priya as director

Shareholders of auto components firm Sona BLW Precision Forgings Ltd have approved the appointment of Priya Sachdev Kapur as a non-executive director with requisite majority. The shareholders approved the appointment of Priya, wife of former chairman Sunjay Kapur, in the annual general meeting on July 25, Sona BLW Precision Forgings Ltd (Sona Comstar) said in a regulatory filing. Priya has been appointed as an Additional Director in the capacity of Non-Executive Director with effect from June 23, 2025, it said. Sunjay Kapur, chairman of Sona Comstar, passed away in London on June 12 while playing polo. Following his demise, the company's board unanimously appointed Jeffery Mark Overly as the chairman on June 23, 2025. Rani Kapur, mother of Sunjay and former chairperson of the Sona group, in a letter dated July 24 to the board alleged that while the family mourned the death of Sunjay last month, some people chose this as an opportune time to wrest control and usurp the family legac

How will Sona BLW's JV with JNT unlock ₹1,670 crore TAM? Stock up 3%

Sona BLW Precision Forgings shares gained 3 per cent in trade after company signed a binding term sheet with Jinnaite Machinery (JNT) to establish a joint venture (JV) company in China

Sonal Comstar to form JV with Jinnaite Machinery to enter China EV market

The JV is expected to begin operations in the second half of the current financial year

Sona Comstar plans domestic magnet production to reduce China imports

India, which has the world's third-largest car market and its fifth-largest reserves of rare earths, is working on a new program to incentivise magnet production locally to wean off China

Sona BLW shares fall 8% after Chairman Sunjay Kapur passes away at 53

Investors were selling Sona BLW shares in trade after the company's Chairman Sunjay Kapur passed away at the age of 53

Sona BLW Precision shares slide 6% in trade; here's what's dragging stock

The revenue of the company for the quarter under review stood at Rs 868 crore as compared to Rs 782 crore a year ago which implies a rise of 11 per cent year-on-year (Y-o-Y)

Acquisition of railway biz of Escorts Kubota, healthy Q2 lift Sona BLW 11%

The surge in Sona BLW share price came on the back of acquisition of the railway business division of Escorts Kubota Limited (EKL), coupled with a healthy Q2FY25 results

Sona Comstar Q2 results: Net profit increases 16% to Rs 143.57 crore

Auto components maker Sona BLW Precision Forgings (Sona Comstar) on Wednesday reported a 16 per cent year-on-year growth in consolidated Profit After Tax (PAT) at Rs 143.57-crore for the quarter ended September 30, 2024. The company had posted a net profit of Rs 124.06 crore in the second quarter of FY24, according to a regulatory filing. Revenue from operations for the quarter under review was Rs 922.18 crore, up 17 per cent from Rs 787.46 crore during Q2FY23, as per the filing. Revenue share from Battery Electric Vehicles (BEV) stood at 36 per cent, while the BEV revenue grew 53 per cent year-on-year during the July-September period of the current fiscal, it said. It also said that the net order book stood at Rs 23,100 crore as of September 30, 2024. "We have continued to progress on all our key strategic priorities," said Vivek Vikram Singh, Managing Director and Group CEO at Sona BLW Precision Forgings. Sona Comstar also announced a signing pact with Escorts Kubota Ltd (EKL)

Sona BLW Precision shares rise over 2% on inaugurating new plant in Manesar

The uptick in Sona BLW share price came after the company announced that it has inaugurated its new plant in Manesar, Haryana

Sona BLW share price surges 3% on raising funds worth Rs 2400 crore via QIP

The Sona BLW share price rose after the company announced that it has successfully raised Rs 2,400 crore via qualified institutional placement (QIP).

Sona BLW shares gain 4%; here is what's driving the stock

Sona BLW has received approval for Hub Wheel Motor, a component for electric two-wheelers, under the PLI Auto scheme. It also launched a QIP

Sona BLW: Why Nomura thinks auto component firm may surpass industry growth

The electric vehicle (EV) revenue accounted for 33% of total revenue. The company's order book expanded to Rs 23,300 crore in Q1FY25, from Rs 22,600 crore in Q4FY24.

Sona BLW share price rises 4% post Q1FY25 earnings; check details

Shares of Sona BLW Precision Forgings rose by 4.29 per cent at 716.60 per share on the BSE in Thursday's intraday trade

Sona BLW share price rises 4% on securing certification under PLI scheme

The jump in the stock price came after Sona BLW announced that it has secured certification for its traction motor for electric 3-wheelers under production-linked incentive (PLI) scheme

Why is Nomura betting big on RIL, BEL, Exide, Sona BLW and Uno Minda?

As corporate capex picks up, it expects the Indian corporate sector to sustain 12 - 17 per cent earnings growth in the medium-term

Large order book, EV demand drive auto parts maker Sona BLW growth

Company gains market share in its top three markets of North America, India, EU

Large order book, EV growh to drive auto parts maker Sona's growth

Company gains market share in its top three markets of North America, India, EU

Sona BLW shifts gear with order boost from electric vehicle space

Firm's efforts to broaden portfolio, scale-up, and diversify customer base will lead to strong earnings growth: Analysts