Sona BLW Reports 10% Rise in Q4 FY25 Profit, EV Order Book at All-Time High

Sona BLW Precision Forgings Ltd. (Sona Comstar), a manufacturer of automotive systems and components, announced its financial results for the fourth quarter and full fiscal year ended March 31, 2025. The company reported a 10% year-on-year increase in net profit for Q4 FY25, reaching ₹164 crore, its highest quarterly profit to date. However, revenue for the quarter declined 2% year-on-year to ₹868 crore, primarily due to a production transition related to one of its key customers.

Battery Electric Vehicle (BEV) revenue in the fourth quarter grew 8% year-on-year to ₹294 crore, accounting for 35% of the total revenue. EBITDA for the quarter stood at ₹235 crore, down 5% year-on-year, with a margin of 27.1%. The company’s net profit margin for the quarter was 18.8%.

For the full year FY25, Sona Comstar reported a revenue of ₹3,555 crore, up 12% from the previous year. BEV revenue rose by 38% year-on-year, contributing 36% to the overall revenue. Annual EBITDA was ₹975 crore with a margin of 27.4%, while net profit increased 16% to ₹601 crore.

The company added four new EV programs and two new customers in FY25, bringing the total number of EV programs to 58 across 32 customers. As of March 31, 2025, its order book stood at ₹24,200 crore, with 77% of it coming from EV programs.

During the quarter, Sona Comstar secured an order from a North American EV manufacturer for rotor-embedded differential sub-assemblies and epicyclic geartrains, contributing ₹1,520 crore to the order book, with production expected in Q4 FY26. It also commercialized a new product, the Steering Bevel Box, which added ₹110 crore to the order book and is scheduled for production in Q3 FY26.

Managing Director and Group CEO Vivek Vikram Singh commented that the company’s quarterly profit performance remained strong despite the revenue dip, and that production for the transitioned customer model began ramping up in March. He also noted the company’s ongoing work in developing components for humanoid robots by leveraging its expertise in sensors, motors, and embedded systems.