SAMIL Q1 Results: Profits Rise 69% To Rs 1097 Crore

SAMIL Q1 Results: Revenue up 29%, EBDITA up 44%, Margin at 9.6% vs 8.6%, Net profit up 69%. Key highlights of this quarter: Softness visible in production volumes mainly in Europe. EV launch delay impacting production volumes in Europe. Favorable automotive mega trends playing out in India. Hybrids and SUVs production picking pace. EV production growth slowing down.

#samvardhanamotherson #stockmarket #q1results2024

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