|
Consolidated net profit on an adjusted basis increased 20% YoY to Rs 180.9 crore in Q3 FY26. The company disclosed that reported PAT was impacted by a one-time charge of Rs 30.1 crore linked to the new labour code. Revenue rose 39% YoY to Rs 1,208.5 crore in Q3 FY26, primarily driven by the expansion of electric vehicle traction motor and railway business in India. EBITDA increased 30% YoY to Rs 304.6 crore in Q3 FY26. EBITDA margin stood at 25.2% in Q3 FY26, down from 27.0% in Q3 FY25, reflecting a change in product mix. Business and operational updates showed BEV revenue declined 3% YoY to Rs 320.2 crore but still accounted for a higher 38% share of automotive product revenue, up from 32% in Q2 FY26. The company said its net order book stood at Rs 23,500 crore as of 31 December 2025, providing strong revenue visibility over the medium term. The company commercialised a new hydraulic motor controller during the quarter and commenced sample production of in-cabin radar sensors at its Chennai SMT facility, strengthening its localisation capabilities. Management highlighted continued addition of new EV customers and fresh programme wins from existing clients. Gurugram-based Sona BLW Precision Forgings is one of the world's leading mobility technology companies. It is a global supplier with manufacturing and assembly facilities, R&D centres, and engineering capability centres across India, the USA, Serbia, Mexico, and China. The company designs, manufactures, and supplies highly engineered, mission-critical systems and components to mobility OEMs. It is a leading supplier of driveline and traction motor solutions to the fast-growing global electric vehicle (EV) market. Powered by Capital Market - Live News
|