Samvardhana Motherson Q4 net profit jumps 2-fold to Rs 1,444 crore moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
Samvardhana Motherson International Ltd s FY24 net profit soared to INR 3,020 crore, with total revenue reaching INR 98,692 crore. Expansion plans in automotive and non-automotive sectors signal continued growth.
Auto components maker Samvardhana Motherson International Ltd on Wednesday posted a two-fold jump in consolidated net profit to Rs 1,444 crore for the fourth quarter ended March 2024. The company had reported a net profit of Rs 699 crore in the January-March period of the last fiscal.
Samvardhana Motherson International Ltd (SAMIL) has announced three acquisitions valued at over Rs 380 crore in aerospace, health, and medical sectors. The company has acquired French company ADI Group, aerospace defense and security firm SMAST, and medical imaging systems manufacturer Irillic Pvt Ltd.