New Delhi, Aug. 13 -- Samvardhana Motherson International share price ended over 4% higher on Wednesday after the automotive components manufacturer announced its Q1 results today. Samvardhana Motherson shares ended 3.51% higher at Rs.93.44 apiece on the BSE.
Samvardhana Motherson reported a net profit of Rs.511.84 crore for the first quarter of FY26, registering a sharp decline of 48.5% from Rs.994.17 crore in the year-ago period. According to the company, there was a transitory impact on profitability and measures were already underway to mitigate the industry challenges in close collaboration with our customers.
The auto component maker's consolidated revenue from operations in Q1FY26 grew 4.7% to Rs.30,212 crore from Rs.28,867.96 cr...
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