Sona BLW Precision Forgings Achieves Record Growth in Q4 FY26
Sona BLW Precision Forgings reported a Q4 FY26 profit increase of 17%, reaching Rs 192 crore. Revenue rose by 47%, driven by growth in electric vehicle and railway sales. The firm secured significant orders, expanding its customer base in Europe with new railway and hybrid products.
Sona BLW Precision Forgings announced a robust financial performance in the fourth quarter of fiscal year 2026, recording a 17% rise in profit after tax, totaling Rs 192 crore.
The company's revenue surged by 47%, amounting to Rs 1,272.30 crore, bolstered by advancements in electric vehicle technology and railway product segments.
Significant order wins from European OEMs and new product commercializations marked strategic growth, reinforcing opportunities in hybrid and electric markets, as stated by MD and Group CEO Vivek Vikram Singh.
ALSO READ
-
HUL Posts Strong Profit Growth Amid Strategic Repositioning
-
Smartworks Achieves Turnaround with Robust Profit Growth
-
Sterlite Technologies posts net profit of Rs 59 crore in Q4 FY26
-
Jio Platforms Achieves Impressive Profit Growth
-
Lodha Developers Reports Robust Profit Growth Amid Geopolitical Challenges