Samvardhana Motherson International Ltd. has released its consolidated financial results for the quarter ended September 30, 2024, showcasing strong year-over-year growth in revenue and profitability.
Key Highlights for Q2 FY25 (YoY Comparison):
Revenue from Operations: The company’s revenue reached Rs 27,688 crore, up 19% from Rs 23,294 crore in Q2 FY24.
Profit for the Period: Net profit surged to Rs 949 crore, marking a significant 223% increase from Rs 294 crore in the same quarter last year.
Total Income: Total income for the quarter stood at Rs 28,071 crore, compared to Rs 23,593 crore in Q2 FY24.
Expenses: Total expenses rose to Rs 27,013 crore, up from Rs 22,894 crore in the year-ago period.
Samvardhana Motherson’s impressive performance this quarter underscores its effective cost management and robust growth across key operational areas, driving substantial improvements in profitability.
