The Board of Sona BLW Precision Forgings will meet on 24 July 2024 to consider a proposal for raising of funds, in one or more tranches, by issue of equity shares and/or any other instruments or eligible securities representing either equity shares and/or convertible securities linked to equity shares or through any other permissible mode or a combination thereof, by way of further public issue, debt issue, preferential allotment, private placement, qualified institutions placement (QIP), or any other method. Powered by Capital Market - Live News

Sona BLW Precision Forgings has allotted 11,936 equity shares under ESOP on 16 July 2024. Consequently, the paid up equity share capital has increased to Rs. 5,86,47,24,820 consisting of 58,64,72,482 equity shares having face value of Rs. 10/ - each fully paid-up.Powered by Capital Market - Live News

Sona BLW Precision Forgings will hold a meeting of the Board of Directors of the Company on 24 July 2024.Powered by Capital Market - Live News

Sona BLW Precision Forgings announced that the Annual General Meeting (AGM) of the company will be held on 28 June 2024.Powered by Capital Market - Live News

Net profit of Sona BLW Precision Forgings rose 24.10% to Rs 148.68 crore in the quarter ended March 2024 as against Rs 119.81 crore during the previous quarter ended March 2023. Sales rose 19.06% to Rs 884.13 crore in the quarter ended March 2024 as against Rs 742.59 crore during the previous quarter ended March 2023.For the full year,net profit rose 30.86% to Rs 517.27 crore in the year ended March 2024 as against Rs 395.30 crore during the previous year ended March 2023. Sales rose 19.95% to Rs 3184.77 crore in the year ended March 2024 as against Rs 2655.01 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales884.13742.59 19 3184.772655.01 20 OPM %27.9326.93 -28.3325.43 - PBDT248.47201.28 23 900.25690.48 30 PBT188.62153.18 23 680.03512.48 33 NP148.68119.81 24 517.27395.30 31 Powered by Capital Market - Live News