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Samvardhana Motherson International Ltd Q1FY24; 256% rise in Profits

Motherson Sumi Systems is engaged primarily in the manufacturer and sale of components to automotive original equipment manufacturers.

Financial Results:

Samvardhana Motherson International Ltd reported Revenues for Q1FY24 of ₹22,462.00 Crores up from ₹17,615.00 Crore year on year, a rise of 27.52%.

Total Expenses for Q1FY24 of ₹21,630.00 Crores up from ₹17,439.00 Crores year on year, a rise of 24.03%.

Consolidated Net Profit of ₹648.00 Crores up 256.04% from ₹182.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.89, up 323.81% from ₹0.21 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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