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Sona Comstar Net Profit Rises 29% to Rs 223 Crore in Q2 FY27
The component maker reported a 35 percent growth in revenue as EV segment contributes over half of quarterly sales.
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Sona BLW Precision Forgings reported a 29 percent year on year increase in consolidated net profit to Rs 223 crore for Q2 FY27. Consolidated revenue from operations rose 35 percent to Rs 1,536 crore compared to Rs 1,138 crore in the corresponding period of the previous financial year.
Revenue from battery EV components grew 129 percent year on year, accounting for 51 percent of total automotive revenues during the quarter. For the first six months of the fiscal year, revenue reached Rs 2,837 crore while net profit stood at Rs 402 crore.
The company said that it commercialized three new products during the quarter, including a helical limited slip differential for EVs and rear radar sensors for two-wheelers.
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