Bottomline will improve by next quarter | Vivek Chaand Sehgal, Samvardhana Motherson International

Описание: Commenting on the Q1FY23 results, Vivek Chaand Sehgal, Chairman, Motherson said, “The market demand remains strong, however, due to various supply chain constraints including chip shortages, production volumes of OEMs continued to fluctuate. The passenger car sales have shown improving trend from April to June. This quarter’s results are to be seen in the backdrop of continued high inflation, elevated freight, energy costs etc. Our teams are engaged with customers to align with them on the unusual inflationary pressures faced by the industry and the new macro environment, it’s work in progress.” Watch the full interview here to know more.

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