Sona BLW Precision Forgings (SONACOMS) — Board Meeting

📢 Key Event
Board approved unaudited standalone and consolidated financial results for Q1 FY2027 and announced final dividend of Rs. 1.80 per share.

🔮 What's Next
The company plans to form two joint ventures with DENSO Corporation Japan for EV powertrain development and manufacturing, involving a slump sale of its existing EV business and a 49% stake sale for Rs. 17,500 million, subject to customary conditions.

💡 Investor Takeaway
The company demonstrated strong quarterly growth in revenue and profit, declared a dividend, and signaled strategic expansion into EV manufacturing through new joint ventures with DENSO.

The Board of Directors of Sona BLW Precision Forgings Limited approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with limited review reports from Walker Chandiok & Co LLP, confirming compliance with SEBI regulations and Ind AS 34 standards. The meeting concluded at 4:03 p.m. IST on July 23, 2026, and the results include revenue of ₹13,360.66 crores and profit before tax of ₹2,289.42 crores for the standalone quarter, with consolidated figures showing ₹13,360.66 crores revenue and ₹2,289.42 crores profit before tax. The company also announced a final dividend of Rs. 1.80 per share for FY2026 and approved two new EV joint ventures with DENSO Corporation Japan, involving a slump sale of its EV business and a 49% stake sale for Rs. 17,500 million.

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