Setco Automotive announced Q1 financial results with revenue up 7.8% to Rs. 178.80 crore and EBITDA increasing 11.9% to Rs. 21.60 crore. The company expanded its product portfolio, launching an Automotive Water Pump for LCVs and MHCVs, entering the suspension solutions market for MHCVs, and successfully entering the tractor segment. Management expressed confidence in future growth prospects based on the expanding product range and increased engagement with OEMs and aftermarket customers.
23Jun 25
Setco Automotive Expands Product Line with New Suspension Components
Setco Automotive has launched new suspension products, including a load cushion and a torque rod bush. These components are designed to enhance vehicle suspension systems, potentially improving ride comfort, handling, and stability. This product expansion aims to strengthen Setco's market presence in the automotive components sector and cater to evolving industry demands for improved vehicle performance.