Samvardhana Motherson Q2 results show margin pressure
after close1 source ↓written by the desknot a recommendation
- on 13 Nov
- 6%
- ₹2,611 cr
- margin narrowed
- 8.7%
Shares of Samvardhana Motherson International Ltd. gained nearly 6% on 13 Nov following Q2 results. The company reported a net profit of ₹827 cr, down 6% year-on-year, while EBITDA rose 6.7% to ₹2,611 cr. However, EBITDA margin narrowed to 8.7%, raising concerns about future profitability amid pressure in modules and polymers.
Not investment advice. For informational purposes only.