Archive · 21 Nov 2025
Motherson Subsidiary Fined for Late Tax Payments; Samvardhana Motherson Reports Q2 Results
A German subsidiary of Samvardhana Motherson was fined for paying taxes late.
The company also reported its second-quarter results, with a slight decrease in net profit but higher earnings before interest, taxes, depreciation, and amortization (EBITDA) than expected.
The company's shares ended lower after the results were announced.
Motherson Sequencing and Assembly Services Global Group GmbH fined €56,319 by Finanzamt Karlsruhe Stadt for delayed VAT and payroll tax payments
Penalty imposed due to late payment on October 10, 2025
Samvardhana Motherson reports Q2 net profit of ₹827 crore, down 6% YoY but above expectations
EBITDA rose 6.7% YoY to ₹2,611 crore, revenue grew 8.5% to ₹30,173 crore
Company shares closed lower by 1.96% at ₹109.85 on NSE
- Who
- Motherson Sequencing and Assembly Services Global Group GmbH, a subsidiary of Samvardhana Motherson International Ltd
- What
- Was fined for delayed tax payments and reported its Q2 results
- When
- Taxes were due on October 10, 2025, and the Q2 results were reported on November 13, 2025
- Where
- Germany (for the tax fine), India (for the company's headquarters and stock listing)
- Why
- The subsidiary delayed paying taxes, and the company reported its quarterly financial results
Company's Stance
Tax Authority's Stance
Delayed Payment
Company's Stance
The company said the disclosure was delayed as the matter was under review
Tax Authority's Stance
The tax authority imposed a penalty for late payment
- Fine Amount
- €56,319 (₹57.69 lakh)
- Q2 Net Profit
- ₹827 crore
- Q2 EBITDA
- ₹2,611 crore
- Q2 Revenue
- ₹30,173 crore
- Stock Performance
- Closed lower by 1.96% at ₹109.85 on NSE