Sona BLW proportion Falls 6% even as net profit, revenue See Double-Digit growth In Q3; realize Why
shares of Sona BLW Precision Forgings dropped by means of five.eight% on Friday, hitting an intraday low of Rs 511.10, following the release of its Q3 outcomes that fell brief of marketplace expectancies in certain regions.
by using 12:43 PM, the stock changed into buying and selling 2.87% lower at Rs 527.10 at the BSE, whilst the BSE Sensex saw a gain of zero.56%, accomplishing 76,949.91. The enterprise's market capitalization stood at Rs 32,756.eleven crore, with a 52-week excessive of Rs 767.eighty and a 52-week low of Rs 511.10 in line with share.
For Q3 FY25, Sona BLW Precision Forgings pronounced a thirteen.8% 12 months-on-12 months growth in net profit, attaining Rs 151 crore, as compared to Rs 132.7 crore in the equal duration final 12 months. revenue from operations increased via eleven%, coming in at Rs 868 crore, up from Rs 781.7 crore in Q3 FY24.
but, at the running level, EBITDA grew through simply zero.7%, standing at Rs 234.2 crore in Q3 FY25, in comparison to Rs 232.five crore in the preceding year. The EBITDA margin decreased to 27% from 29.7% in the course of the same length closing yr.
The enterprise highlighted several key achievements, which include securing a new program for presenting differential assemblies for an existing purchaser's EV fashions in India. additionally, Sona BLW received a second order in its sensors and software division and efficaciously commercialized new merchandise like zone monitoring Sensors. The organization also announced a technological leap forward in growing a one hundred eighty-degree area of view the use of quick-variety radar sensors.
during the last year, Sona BLW shares have dropped 7.2%, even as the Sensex has won 7.6%.
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