Sona Comstar’s Board of Directors has approved the unaudited financial results for Q2 2025, ending September 30, 2025. While financial performance details are included, the company also announced that the proposed joint venture with Jinnaite Machinery Co. Ltd. (JNT) in China is being put on hold. The decision was made by mutual agreement, though potential future collaboration remains open.
Q2 2025 Financial Results Approved
The Board of Directors has officially approved the unaudited financial results for Q2 2025, ending on September 30, 2025. These results, which are detailed in the attached financial statements, cover both standalone and consolidated financial performance. A limited review report is included in the documents. Key figures include:
- Revenue from operations: ₹11,382.93 Million
- Profit before tax: ₹2,275.59 Million (Standalone) and ₹2,275.59 Million (Consolidated)
- Profit for the period/year: ₹1,662.49 Million (Standalone)
Joint Venture with Jinnaite Machinery Placed in Abeyance
The company has decided to put the proposed joint venture with Jinnaite Machinery Co. Ltd. (JNT) in China on hold. This decision was made by mutual agreement between the parties, despite an earlier intimation about the venture on July 20, 2025. While the binding term sheet has been rescinded, both Sona Comstar and Jinnaite Machinery are open to cooperating on select foundry products and potential future collaborations.
Appointment of Senior Management Personnel
Mr. Pratik Sachan has been appointed as Head-Strategy & M&A and has been designated as Senior Management Personnel (SMP) of the Company. The decision was based on recommendations from the Nomination and Remuneration Committee (NRC). Mr. Sachan will report to Mr. Vivek Vikram Singh, Managing Director and Group CEO.
Source: BSE
