Sona BLW Precision Forging: June ’22 Results Update
Moneylife Digital Team 10 August 2022
Despite a challenging macro-environment involving geo-political situation in Europe and lock-down in China, Sona BLW Precision Forgings (Sona) managed to clock highest quarterly revenue of Rs589 crore, registering a growth of 18% y-o-y (year-on-year). This is against the backdrop of global light vehicles volumes plummeting by 17% during this period. The slowdown in the ICE (internal combustion...
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