Samvardhana Motherson International Ltd. (SAMIL) reported a significant increase in consolidated net profit for the September quarter, reaching ₹948.81 crore—a fourfold jump from the ₹294.15 crore posted in the same quarter last fiscal year. This impressive growth was largely fueled by a strong rise in revenue, which climbed to ₹27,811.86 crore from ₹23,527.46 crore year-on-year. Total expenses also increased to ₹27,012.92 crore from ₹22,894.99 crore in the previous year.
The company noted that last year’s results were impacted by a one-time cost of ₹250 crore, primarily due to provisions for expenses related to a gradual operational restructuring of certain divisions, especially in France and Germany.
Samvardhana Motherson Finance Limited (SMFL), founded in 2004, operates globally and provides complete system solutions across several sectors. With expertise in manufacturing and design, SMFL offers a comprehensive suite of services to automotive clients, including product conception, design, engineering, manufacturing, sub-assembly, and integrated module production. Its product range includes a wide array of automotive components such as vehicle cabins, HVAC systems, lighting systems, air intake manifolds, wiring harnesses, rearview mirrors, molded plastic parts, elastomer products, and other precision-engineered items used across the automotive industry.
Disclaimer: This information is for general purposes only and does not constitute financial or investment advice. Please consult a professional advisor before making any investment decisions.
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