Sona BLW Precision Forgings Ltd (Sona Comstar) on Friday reported a 20 per cent year-on-year (YoY) increase in net profit to ₹181 crore for the October–December quarter of FY26, driven by strong growth in its electric vehicle (EV) traction motor and railways businesses in India.
The Gurugram-based mobility technology supplier posted revenue of ₹1,209 crore in Q3 FY26, registering a robust 39 per cent YoY growth. EBITDA for the quarter rose 30 per cent to ₹305 crore, with margins remaining healthy.
Battery electric vehicle (BEV) programmes accounted for 38 per cent of total automotive product sales during the quarter. However, BEV revenue declined marginally by 3 per cent to ₹329.1 crore compared with ₹320.2 crore in the previous quarter of FY26. “Our overall revenue grew by 39 per cent during the quarter, while BEV revenue constituted 38 per cent of total automotive product sales,” the company said.
Commenting on the performance, Vivek Vikram Singh, Managing Director and Group CEO, said, “We achieved our highest-ever quarterly revenue, EBITDA and adjusted net profit in Q3 FY26. Growth was primarily driven by the expansion of our EV traction motor and railways business in India. We continue to add new EV customers and win new programmes from existing customers.”
EV business gains momentum
EV programmes contributed 71 per cent of Sona Comstar’s net order book for the nine months ended December 2025, with the total order book standing at ₹23,500 crore. During the first nine months of FY26, the company added six new EV programmes, taking the total number of awarded EV programmes to 64 across 33 global customers.
New products and localisation initiatives
During the quarter, Sona Comstar commercialised a hydraulic motor controller for electric farm equipment vehicles, marking its entry into a new application segment beyond core automotive offerings. The company also commenced sample production of in-cabin radar sensors at its Chennai facility, making it one of the few automotive radar manufacturers in India with local surface-mount technology (SMT) manufacturing capability. Serial production is expected to begin in the second half of calendar year 2027.
Nine-month performance
For the nine months ended December 31, 2025, Sona Comstar reported revenue of ₹3,203 crore, up 19 per cent YoY. EBITDA stood at ₹796 crore, while adjusted profit after tax rose to ₹478 crore. EBITDA margins remained stable at around 25 per cent.
Management attributed the steady growth to the expansion of EV traction motor programmes and rising demand from the railways segment, alongside continued addition of global OEM customers. Sona Comstar supplies driveline, traction motor and sensor solutions to global mobility OEMs and operates manufacturing and R&D facilities across India, the US, Europe, Mexico and China.
