Kunal Malani, Chief Financial Officer of Samvardhana Motherson International , expects a stronger performance in the second half of the financial year 2025-26 (FY26) despite muted global automotive demand.
A key part of the strategy is expanding beyond auto components into areas such as consumer electronics and aerospace. Malani said these segments are on a high double-digit trajectory, supported by strong order books.
“Europe was a little bit of a miss for the last few quarters. I think that seems to have bottomed out,” he noted, adding that global volume expectations have been revised to 90 million units from 88–89 million.
The industry has adjusted to tariff-related pressures, though the company is still carrying about ₹10 million in additional costs that it plans to pass through d

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