Samvardhana Motherson’s Q1 net profit up 65.4% year over year to $119.2 million

News
Financial results
ATI News Team

The company's total income rises 28.5% year over year

India’s leading automotive supplier Samvardhana Motherson International Ltd. (SMIL) has reported a 65.4% year-over-year increase in net profit to 9.9 billion rupees (about $119.2 million) in the first quarter ended June 30, 2024, the company said in a press release on Aug. 13.

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