Sona Comstar posts highest quarterly revenue and profit in Q2 on strong order pipeline and EV focus
The company’s net order book remained strong at Rs 20,500 crore, of which EVs now contribute more than two-thirds.
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The company’s net order book remained strong at Rs 20,500 crore, of which EVs now contribute more than two-thirds.
Net profit of Sona BLW Precision Forgings rose 4.90% to Rs 92.55 crore in the quarter ended September 2022 as against Rs 88.23 crore during the previous quarter ended September 2021.
Auto components maker Sona BLW Precision Forgings Ltd on Friday reported a 5 per cent rise in consolidated net profit at Rs 92.55 crore in the second quarter ended September 30, 2022.
The company reported a revenue of Rs 657 crore during Q2FY23- which is 12 percent rise over similar period last year.
Sona Blw Precision Forgings Limited has informed the Exchange about press release dated 28-Oct-2022 titled Q2 FY23 Results.
Net profit of Sona BLW Precision Forgings rose 4.90% to Rs 92.55 crore in the quarter ended September 2022 as against Rs 88.23 crore during the previous quarter ended September 2021.