Brief: India's Sona Blw Precision Forgings Sept-Quarter Consol Net Profit Rises

Sona Blw Precision Forgings

25/10/2023 11:47

Oct 25 (Reuters) - Sona BLW Precision Forgings Ltd
 SONB.NS :
    * SEPT-QUARTER CONSOL NET PROFIT 1.24 BILLION RUPEES VERSUS
PROFIT
925.5 MILLION RUPEES
    * SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 7.87 BILLION
RUPEES
VERSUS 6.53 BILLION RUPEES
    * APPROVES INVESTMENTS IN CAPTIVE SOLAR POWER PLANT UNDER
OPEN
ACCESS MECHANISM
    * APPROVES  INCORPORATION OF ONE OR  MORE SPECIAL PURPOSE
VEHICLES
    * CO WILL INVEST ABOUT 75 MILLION RUPEES FOR ACQUIRING 26%
IN  
FORM OF EQUITY SHARE CAPITAL OF THE SPV
    * REMAINING 74% OF EQUITY SHARE CAPITAL WILL BE ACQUIRED BY
CLEAN
MAX ENVIRO ENERGY SOLUTIONS

Source text for Eikon:  ID:nBSE51dPpc 
Further company coverage:  SONB.NS 

 ((Reuters.Briefs@thomsonreuters.com;))