Categories Earnings, Energy

Sona BLW Precision Forgings Q4FY23 results out, revenue soars by 32%

Sona BLW Precision Forgings is an India-based automotive technology company. The company is engaged in designing, manufacturing and supplying engineered automotive systems and components such as differential assemblies, gears, conventional and micro-hybrid motors, BSG systems and EV Traction motors across all vehicle categories. The company develops mechanical and electrical hardware systems, components as well as base and application software solutions.

  • Sona BLW Precision Forgings reported Total revenue for Q4 FY23 of ₹743 Crore, up from ₹548 Crore year on year depicting a growth of 32%.
  • Total Expenses for Q4 FY23 of ₹595 Crore up, from ₹456 Crore year on year, a growth of 31%. 
  • Consolidated Net Profit of ₹120 Crore, up 14% from ₹105 Crore in the same quarter of the previous year. 
  • The Earnings per Share is ₹2.05, up 15% from ₹1.79 in the same quarter of the previous year.

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