Setco Automotive Reports ₹203.61 Crore Profit, Plans Lava Cast Merger
Setco Automotive reported a ₹203.61 crore profit for April–June 2026. Its board approved the results on October 23, and the company plans to merge Lava Cast to cut costs.
Setco Automotive, a Tier-1 component manufacturer historically known for supplying heavy-duty clutches to commercial vehicle makers including Tata Motors, Ashok Leyland and BharatBenz, reported a sharp turnaround in its April—June 2026 earnings, which were approved by its board on October 23, nearl…