Samvardhana Motherson International Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting
13-08-2025 | 01:19 pm
13-08-2025 | 01:19 pm
Samvardhana Motherson International Ltd. has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. Consolidated revenue rose to ₹30,212 Cr. However, net profit for owners declined to ₹511.84 Cr. This was primarily due to ₹136.49 Cr in operational restructuring expenses in Europe and a ₹53 Cr impairment charge on intangible assets. Strategically, the company completed the acquisition of Baldi Industria E Comercio Ltda. for ₹70.27 Cr. Additionally, shareholders recently greenlit a 1:2 bonus share issuance, increasing the total shares.
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