Samvardhana Motherson Q4 Results: Profit soars 436% YoY to Rs 654 cr; co posts highest-ever revenue at Rs 22,477 cr
The Indian auto component maker Samvardhana Motherson sees a year-on-year increase in revenue from operations of 30% to Rs 224.77 billion. The Board has recommended a dividend of Rs 0.65 per equity share. It has a booked business of nearly Rs 5.7 trillion ($77bn) from the automotive segment with the net debt to EBITDA ratio improving to 1.4x from 1.8x quarter-on-quarter.
