Archive · 9 Aug 2026

Samvardhana Motherson Q1 profit doubles; eyes $108 billion by 2030

Samvardhana Motherson Q1 profit doubles; eyes $108 billion by 2030

There is a big company that makes parts for cars and also other things like electronics and aerospace products.

The company is called Samvardhana Motherson, and it used to be known as Motherson Sumi Systems.

It wants to grow very big, aiming to earn $108 billion in a single year by 2030.

The company just shared how it did in the first three months of its new financial year.

Its profit more than doubled compared with the same time last year.

That means the company earned much more money than before.

However, the money it keeps after paying costs, called EBITDA, grew but at a slightly thinner margin.

The company is building new factories and has already opened three of them, with more on the way.

It also bought parts of two other companies, Yutaka Juken and Nexans Auto Electric, which will help it sell even more.

Sources