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Samvardhana Motherson (SAMIL) Q4 Results: Profit Surges 110%, EBITDA Up 45%

Samvardhana Motherson (SAMIL) Q4 Results: Profit Surges 110%, EBITDA Up 45%

Sakshi Batra
Sakshi Batra
  • New Delhi ,
  • May 30, 2024,
  • Updated May 30, 2024, 12:58 PM IST

 

Samvardhana Motherson International Ltd. (SAMIL) posted a net profit growth of 110 percent year-on-year (YoY) at Rs 1,372 crore in the March quarter of the current financial year.Revenue increased 20 percent at Rs 27,058 crore from the year-ago period. Q4 EBITDA Up 45 Percent At Rs 2,999 crore.The company's FY24 profit surged by 82 percent to Rs 2,716 crore, while FY24 revenue increased by 25 percent to Rs 98,692 crore.The global automotive production volume growth remained positive. Watch Exclusive Chat With Pankaj Mital, COO, SAMIL and Kunal Malani, CFO, SAMIL.

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