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Samvardhana Motherson Q4 net profit jumps 2-fold to Rs 1,444 crore

Samvardhana Motherson FY24 net profit jumps reaches INR 1,444 cr, ET Auto

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.

Strong Q4 show, reduced leverage powers Motherson share price; new facilities coming across EMs

Despite payouts arising out of M&A activity and capex for growth, Motherson has maintained its leverage ratio at 1.4x - the same level as last year.

Samvardhana Motherson reports two-fold jump in its Q4 net profit to ₹1,444 crore

We have maintained a healthy financial position by keeping leverage and debt under control, said Chairman Vivek Sehgal

Samvardhana Motherson Q4 Results: Net profit jumps 2-fold to Rs 1,444 cr

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.