Sona Comstar Achieves Record Net Profit & BEV Revenue Growth In Q3 FY25
BEV revenue now accounts for 39% of Sona Comstar’s total revenue.
Sona Comstar Posts Healthy Financial Performance In FY24
The fourth quarter was particularly strong, with BEV revenues growing by 34% and accounting for 32% of total revenues, showcasing the increasing demand for electric vehicle components.
Sona Comstar Sets Up New Manufacturing Hub In Mexico To Boost North American EV Supply Chain
Strategic expansion aimed at enhancing BEV component production amid surging demand.
Sona Comstar Surpasses Industry Milestones
The company has successfully produced 400 million differential gears and 6 million differential assemblies, illustrating a notable journey of innovation in its sector.
Sona Comstar Pioneers Automotive Innovation, Becomes First PLI-Certified Component Maker
The company filed seven applications for various products under the PLI scheme and received certification for its inaugural product—an electric two-wheeler hub wheel drive motor.
Sona BLW Precision Forgings Posts Record Performance In Q3 FY24
The company marked several milestones, achieving its highest-ever EBITDA, Net Profit, and Battery Electric Vehicle (BEV) Revenue Share in a quarter.
Sona Comstar Gets Awarded The Golden Peacock Award 2023
Sona Comstar received the award during the ‘2023 London Global Convention on Corporate Governance & Sustainability' organized by IOD.
Sona Comstar’s Revenue Jumps 24% YoY In Q1FY24
The company's Q1FY24 revenue grew 24% YoY, driven mainly by the scale-up of the new customer programmes; it achieved its highest-ever quarterly EBITDA during the period.
Sona Comstar Achieves Five Mn Differential Assemblies Milestone
The company started manufacturing differential assemblies at its Gurgaon plant in 2008, extended production to the Pune plant in 2014, and commenced production at a plant in Manesar in 2019
Sona Comstar Joins Equipmake To Make Electric Powertrains
Under the agreement, Equipmake will license certain patented spoke motor and inverter technology in the power range of 100kW to 440kW to Sona Comstar.