Sona BLW shares rallied 6% on 29% Q2 profit growth and 35% revenue jump.
Context
What happened: Sona BLW Precision Forgings shares rallied 6% after the company reported a 29% rise in Q2 net profit and a 35% jump in revenue.
Key numbers: Revenue Rs 1,535.8 crore, up 35% YoY. Net profit Rs 223.4 crore, up 29%. EBITDA Rs 356 crore, margin 23%. BEV revenue up 129% YoY, 51% of automotive revenue. H1FY27 revenue Rs 2,857 crore, up 43%. Order book Rs 25,100 crore.
Why it matters: The company said revenue, EBITDA and PAT reached all-time highs, supported by BEV growth, new product launches and order wins, with Rs 3,600 crore in new business secured during the quarter.
Why it matters
The company said revenue, EBITDA and PAT reached all-time highs, supported by BEV growth, new product launches and order wins, with Rs 3,600 crore in new business secured during the quarter.