Samvardhana Motherson Q1 FY26: Profit Slumps 46% Despite Revenue Growth

reported a tough start to FY26, with consolidated net profit plunging 46% year-on-year to ₹606 crore in Q1, down from ₹1,115 crore a year earlier. Revenue from operations, however, inched up 3% to ₹30,212 crore from ₹29,317 crore, showing that sales held up despite market headwinds. The steep profit decline was driven by margin pressure from global volatility, higher start-up and integration costs, and operational challenges in European markets. The company noted that most U.S. sales remain compliant with the USMCA trade rules, and any tariff-related cost pressures are being passed on to customers. Chairman Vivek Chaand Sehgal stressed that diversification across geographies and strong execution helped maintain top-line growth despite the challenging business climate. Still, restoring margins will require tighter cost control and better absorption of integration expenses in the quarters ahead. Source: NDTV Profit No Recommendations