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SMR margins weakened due to changes in accounting std: Motherson

Vivek Chaand Sehgal, Chairman of Motherson Sumi Systems, said that there‘s no slowdown as far as SMR is concerned. The changes adopted for accounting standards make SMR‘s margins look optically weak on quarterly basis, but they‘re still healthy margins, he said.

first published: Aug 10, 2016 03:22 pm

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