Samvardhana Motherson Opens Automotive Lighting Facility in Gujarat
The firm reported a consolidated net profit rise of 16.5 per cent to Rs 10.24 billion (bn) in the third quarter of fiscal year 2026, driven by a 14.5 per cent rise in net sales to Rs 311.85 bn over the comparable quarter. These results reflected improved volumes and operational efficiencies across multiple business lines. The financial performance underpins plans to invest in capacity and technology. Management highlighted focus on cost control and supply chain resilience to sustain margins.
Market reaction was muted with the scrip shedding zero point three one per cent to Rs 130.40 on the BSE as investors assessed the implications of the new facility and quarterly results. Observers suggested that the lighting plant could contribute to margin improvement over time while supply chain costs remain a variable. The company expects phased ramp up of production to meet customer timelines. Trading volumes remained moderate as stakeholders awaited clarity on output schedules.
The establishment of the Gujarat facility complements existing manufacturing hubs and fits within a trend of localisation among component suppliers in India. The expansion is expected to create employment opportunities and to enhance the company's ability to serve both domestic original equipment manufacturers and global automotive clients. Management will monitor output and integrate the new operations into its global manufacturing network. The company will align production targets with customer specifications and regulatory standards.