Samvardhana Motherson Q4 results: PAT skyrockets by 438% to ₹654 crore, dividend declared; key highlights here1 min read 26 May 2023, 02:49 PM IST
Samvardhana Motherson posted highest ever yearly and quarterly revenue in the period ending March 31, 2023. The company's profitability and EBITDA also recorded robust growth. Strong booked business and healthy pipeline boosted the overall earnings.
Leading specialized automotive component manufacturer, Samvardhana Motherson International Limited (SAMIL) reported a massive 438% year-on-year (YoY) growth in net profit to ₹654 crore in the fourth quarter of FY23. Sequentially, the growth was 44% in PAT. On the back of the strong booked business, Motherson posted the highest ever quarterly and yearly revenue.
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