Auto components maker Samvardhana Motherson to spend 70% of FY26 capex beyond cars
Samvardhana Motherson International will allocate nearly 70% of its ₹6,000 crore FY26 capital expenditure to non-automotive businesses, signaling a diversification strategy. The company reported a 40% YoY increase in PAT for FY25, reaching ₹3,803 crore, with revenue rising 15% to ₹1,13,663 crore. A final dividend of ₹0.35 per share and a 1:2 bonus issue have been recommended. | Source: The Economic Times
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