Pavna Industries Limited has announced its financial results for the second quarter and first half of FY2024-25. The automotive components supplier has reported an operational revenue of INR 795 million in Q2 FY2024-25 as compared to INR 683 million in FY2023024, marking a year-on-year rise of 16.29 percent. The company has recorded an EBIDTA of INR 99.7 million for the same period as compared to INR 69.5 million in the corresponding quarter in the fiscal prior, marking a year-on-year rise of 43.53 percent. 
The EBIDTA margin registered by the company during the second quarter of FY2024-25 was 12.54 percent as compared to the EBIDTA margin of 10.16 percent during corresponding period in FY2023-24. The Profit After Tax (PAT) recorded during the second quarter of FY2024-25 was INR 33.7 million as compared to INR 19.1 million in Q2 of FY2023-24, marking an increase of 76.43 percent. 

H1 FY2024-25 results
Pavna Industries Limited reported an operational revenue of INR 76.9 million for the first half of the 2024-25 financial year, marking a quarter-on-quarter growth of 3.33 percent. The EBDITA was INR 78.9 million with a quarter-on-quarter growth of 26.34 percent. The PAT for H1 FY2024-25 was INR 22.5 million with a quarter-on-quarter increase of 49.77 percent. 
Commenting on the performance, Swapnil Jain, Managing Director, Pavna Industries Ltd, mentioned, "We are pleased to announce a robust performance for Q2FY25, which is a result of our expert strategic initiatives, strong market positioning, and operational resilience. As India cements its position as a global hub for auto component sourcing, Pavna Industries is well-positioned to contribute to and benefit from this momentum. We are especially encouraged by the government's ambitious targets for the electric vehicle market, with anticipated exponential growth targets set to make India the largest EV market by 2030. Our recent initiatives, including securing a land parcel in Pantnagar for a new greenfield plant and our recent fundraise, are aligned with our long-term vision of supporting India’s EV and automotive expansion. These developments, combined with our diversified and innovative product portfolio and proximity to key auto clusters, enable us to respond swiftly to the needs of our valued OEM clients. I am confident that Pavna Industries will continue to drive growth and deliver value for our stakeholders, as we advance our commitment to quality, innovation, and customer-centricity."

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Sundram Fasteners has announced that it achieved its highest ever annual revenue, EBITDA and profits in FY2026. The company surpassed the INR 60 billion consolidated income milestone during this period.

For FY2026, the company’s consolidated income reached INR 63.68 billion, EBITDA at INR 1.07 billion and net profit of INR 5.92 billion.

In Q4 FY2026, the income came at INR 15.29 billion, up 12 percent YoY, domestic sales grew by 14 percent at INR 10.28 billion, net profit of INR 1.79 billion, up 34 percent YoY.

In FY2026, Sundram Fasteners incurred INR 4.04 billion in capital expenditure to expand capacity for existing business lines and new projects.

Growth was supported by momentum in non-auto segments, including wind energy, aerospace and railways. In the automotive sector, sales were bolstered by the North American Class 8 truck market and internal combustion engine (ICE) vehicle sales.

Arathi Krishna, Managing Director, Sundram Fasteners, said, “Our performance this quarter reflects the strength of our operational discipline and our unwavering focus on customer centricity. Despite a challenging global environment marked by geopolitical uncertainties, we have delivered all-time high results driven by robust domestic demand and improved efficiencies. We continue to see strong momentum in our non-auto segments such as wind energy, aerospace, and railways, which provide significant headroom for future growth. Additionally, new business wins across geographies have enabled us to further expand our global footprint. The uptick in North American Class 8 truck and ICE vehicle sales has supported growth in our automotive portfolio, while our strategic shift to directly engage with OEMs outside India in the fasteners division has enhanced both margins and market access, even amid broader industry sluggishness.”

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Tier 1 automotive supplier Sona BLW Precision Forgings (Sona Comstar) has announced its financial results Q4 FY2026 and FY2026, reporting its highest levels of revenue and profitability to date.  The company recorded growth in its electric vehicle segment, with revenue from battery electric vehicles (BEVs) contributing 39 percent share for FY2026.

For Q4 FY2026, the revenue grew by 47 percent YoY to reach INR 12.72 billion, EBITDA at INR 3.11 billion, up 32 percent YoY, PAT at INR 1.92 billion, an uptick of 17 percent YoY. Interestingly, revenue from battery electric vehicles program reached INR 3.59 billion, marking a 22 percent YoY increase.

During the quarter, the company secured four driveline programs. This included three orders from European manufacturers, marking the first time the firm has won three such contracts in a single quarter. These programs include:

• North American BEV Program: An order from a European manufacturer to supply gears, adding INR 2.2 billion to the order book.
• European BEV Program: A contract from a luxury manufacturer for assemblies, valued at INR 1.4 billion.
• Hybrid Platform: An INR 1.2 billion order from a European client for assemblies.
• Indian BEV Platform: An INR 1 billion order to supply assemblies for the Indian market.

For the full financial year, Sona Comstar recorded revenue of INR 44.75 billion, up 26 percent as compared to FY2026.  EBITDA for the year stood at INR 11.07 billion with a margin of 24.7 percent. The company expanded its portfolio by adding nine new electric vehicle programs and three customers, bringing its total to 67 programs across 35 customers.

Vivek Vikram Singh, MD & Group CEO, said, “Q4 FY26 was our strongest quarter financially and an important step forward in our strategic and technology roadmap, with new customers added in Europe and two new railway products commercialised. We delivered our best-ever quarter, with the highest revenue, EBITDA, PAT, BEV revenue and BEV revenue share. Revenue grew by 47 percent YoY, primarily driven by growth in EV traction and suspension motors, differential gears, differential assemblies along with consolidation of railway business. BEV revenue grew 22 percent YoY and BEV revenue share reached an all-time high of 39 percent. During the quarter, we won four driveline orders which includes three EV programs and one hybrid program. For the first time, we won three orders from European OEMs, and this is our first EV program win from Europe in almost four years. The hybrid program wins reinforce our view that hybrids are an opportunity for us, not a risk.”

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Tier 1 component and technology company Schaeffler India has announced its financial results for the Q1 CY2026, maintaining double-digit growth momentum across its primary business segments.

For Q1 CY2026, the company reported an 18.8 percent YoY uptick in revenue at INR 25 billion with a net profit margin of INR 3.19 billion, up 19.3 percent YoY.

The company attributed the robust results to strong performance in Automotive Technologies and Vehicle Lifetime Solutions, which fuelled stable earnings quality to increased localisation and improved capital efficiency.

While revenue grew significantly compared to the same period last year, it saw a marginal decline of 5.1 percent compared to the preceding quarter (Q4 CY2025).

Harsha Kadam, Managing Director and Chief Executive Officer, said, “We are pleased to report continued strong growth momentum across all our business segments. Automotive Technologies, Vehicle Lifetime Solutions, and Exports delivered robust double-digit growth, driven by successful business wins in our key focus areas. Despite ongoing supply chain challenges and inflationary headwinds, we successfully maintained the quality of our earnings. This reflects the effectiveness of our strategic focus on localisation and capital efficiency. We remain fully committed to achieving our financial and operational targets, capitalising on market opportunities and delivering consistent value to our stakeholders.”

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KRAIBURG TPE has introduced a range of soft-touch, durable, and low-odour thermoplastic elastomer materials specifically designed to enhance in-car robot assistants. These compounds offer reliable adhesion and full colourability for automotive interiors, addressing the growing demand for advanced interactive vehicle systems that integrate physical controls, digital interfaces and ergonomic design elements to improve user experience, safety and driving efficiency.

As a global manufacturer of customised TPE solutions, KRAIBURG TPE produces automotive-grade compounds that combine high-performance mechanics with smooth, non-sticky surface ergonomics. The materials demonstrate excellent adhesion to substrates such as PC, ABS, PC/ABS, ASA and SAN, which streamlines insert moulding and overmoulding processes. This capability allows designers to create compact, integrated components with fewer manufacturing steps while sealing properties against dust and water protect sensitive electronics in demanding in-car environments.

The company’s TPEs deliver a soft, non-sticky tactile experience for components like thumb wheels, push buttons, switches, seals and handles, along with anti-rattle and damping functionality to reduce noise and vibration. With controlled emissions, low odour and full colourability, these compounds ensure visual harmony and premium quality across functional zones and branding elements. They are particularly suited for in-car robotic assistant applications, producing user-friendly interiors with consistent high-volume results.

Sustainability remains a core focus, with KRAIBURG TPE offering bio-based TPEs and compounds containing post-consumer or post-industrial recycled content. Select materials are certified under GRS and ISCC PLUS, and product carbon footprint data is available upon request. Having earned an EcoVadis Gold Medal in 2025 and committed to the Science Based Targets initiative, the company aligns its goals with global climate action while delivering reliable performance worldwide.

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