Sona Blw Precision Forgings Limited has informed the Exchange about Transcript

Sona Comstar reported a weak Q1 FY26, calling it the worst quarter since its IPO. Revenue fell 5% YoY to ₹851 crores, EBITDA dropped 19% to ₹203 crores (margin down 4.3%), and adjusted PAT declined 7% to ₹132 crores. Management attributed the slump to four temporary factors: a change in supply terms with a European EV customer (shifting 60 days of revenue from Q1 to Q2), a sharp demand drop at a large global EV customer, China's April 8 halt on heavy rare earth magnet supplies (now resolved using light rare earth alternatives, with July back to April run rates), and US tariff uncertainties slowing OEM procurement. Despite the weak quarter, the company posted its highest-ever orderbook of ₹262 billion after adding ₹28 billion in new orders, including its largest single win in 2.5 years (₹1,500 crores for a North American legacy OEM's EV platform). The Railway business was integrated from June 1 and contributed 8% of revenue, a new China JV with JNT was announced, and new EBITDA margin guidance was implicitly lowered to 23.5–25% (from the prior 25–27% range) due to the lower-margin railway mix.