An Indian firm called Sona BLW Precision Forgings specialises in automobile technologies. The business specialises in developing, producing, and distributing engineering automotive systems and parts for all types of vehicles, including gears, differential assemblies, standard & micro-hybrid motors, BSG systems, and EV traction motors. The business creates base and application software applications as well as electrical and mechanical hardware systems, components, and systems.
Financial Results:
Sona Blw Precision Forgings Ltd.’s revenue in Q3FY23 rose 39% to ₹ 6,850 millions. Consolidated Profit After Tax came at ₹ 1,071 millions showcasing a 24% rise YoY over the corresponding period. In this quarter’s results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q3Y23.