Samvardhana Motherson’s revenue rises 25% year over year to $11.8 billion in FY 2023–24

News
Financial results
ATI News Team

The company reports a strong automotive business order book of $83.9 billion

Samvardhana Motherson International Ltd. (SMIL), formerly known as Motherson Sumi Systems Ltd., has reported a 25% year-over-year increase in revenue to 986.9 billion rupees (about $11.8 billion) in the financial year ended March 31, 2024, the leading auto-components supplier from India said in a press release.

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