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Sona Comstar Reports 12% Revenue Growth in Q3 FY25, BEV Revenue Jumps 48% YoY
Jan 25, 2025
Sona BLW Precision Forgings Ltd. reported INR 868 crores in revenue for Q3 FY25, reflecting a 12% YoY growth. Battery Electric Vehicles (BEV) revenue rose 48% YoY, contributing 39% of total revenue. EBITDA stood at INR 234 crores with a 27% margin, and PAT increased 14% YoY to INR 151 crores. For the nine months of FY25, revenue grew 17% YoY to INR 2,686 crores, with BEV revenue accounting for 36%. The company added one new EV program, bringing its total to 57, and approved a Rs32.8 crore investment in ClearMotion Inc. Additionally, Sona Comstar's NOVELIC showcased innovative radar technology at CES 2025.