Samvardhana Motherson International has reported results for second quarter ended September 30, 2023 (Q2FY24).
The company has reported 17.12% rise in its net profit at Rs 250.53 crore for the quarter under review as compared to Rs 213.91 crore for the same quarter in the previous year. Total income of the company increased by 21.40% at Rs 2,373.96 crore for Q2FY24 as compared to Rs 1,955.51 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 2.06% rise in its net profit at Rs 294.15 crore for Q2FY24 as compared to Rs 288.20 crore for the same quarter in the previous year. Total income of the company increased by 28.79% at Rs 23,639.16 crore for Q2FY24 as compared to Rs 18,354.82 crore for the corresponding quarter previous year.
