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Motherson International Limited: Samvardhana Motherson posts INR 601 cr profit in Q1 FY24, ET Auto

Motherson International Limited: The company s revenue for Q1 stood at an INR 22,462 crore, a 27% growth compared to the same period last year. Revenue from electric vehicles (EV) increased to over INR 1,600 crore in Q1FY24.

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Motherson Sumi Wiring India Limited: Motherson Sumi Q1 FY24 PAT at INR 123 cr, ET Auto

Motherson Sumi Wiring India Limited: The company had revenue of INR 1,859 crore for Q1FY24. Its EBITDA was INR 207 crore for Q1 and the EBITDA Margin was 11.1%, the company said.

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Samvardhana Motherson to pay EUR 118 3m for Dr Schneider

Samvardhana Motherson s spending spree continues: the Indian auto parts maker has agreed to acquire Germany s Dr. Schneider Group

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Samvardhana Motherson acquires Dr Schneider Group entities for EUR 118 3 mn, ET Auto

This acquisition allows Motherson to gain access to Dr. Schneider Group s electronic interior polymer components. Motherson can subsequently leverage its existing global footprint and customer relationships to offer these innovations and technologies to emerging markets and medium segment customers.

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Motherson Group acquires Germany s Dr Schneider for Rs 1,040 crore, to strengthen polymer business

Motherson Group acquires Germany s Dr Schneider for Rs 1,040 crore, to strengthen polymer business
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