Setco Automotive (BOM:505075) Other Income (Minority Interest) : ₹318 Mil (TTM As of Dec. 2023)

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What is Setco Automotive Other Income (Minority Interest)?

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary. Setco Automotive's Other Income (Minority Interest) for the three months ended in Dec. 2023 was ₹52 Mil. Its Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹318 Mil.

Setco Automotive Other Income (Minority Interest) Historical Data

The historical data trend for Setco Automotive's Other Income (Minority Interest) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Setco Automotive Other Income (Minority Interest) Chart

Setco Automotive Annual Data

Trend

Mar14

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Mar19

Mar20

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Mar23

Other Income (Minority Interest)

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36.70

49.88

32.21

331.18

397.85

Setco Automotive Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Income (Minority Interest)	Get a 7-Day Free Trial															147.90	141.85	58.30	66.50	51.70

Setco Automotive Other Income (Minority Interest) Calculation

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary.

Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹318 Mil.

Setco Automotive (BOM:505075) Other Income (Minority Interest) Explanation

Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company. It is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Setco Automotive (BOM:505075) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Setco Automotive Ltd (BOM:505075) » Definitions » Other Income (Minority Interest)

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SETCO:India

Address

54A, Tardeo Road, Near Film Center Building, Mumbai, MH, IND, 400 034

Website

https://www.setcoauto.com

Setco Automotive Ltd operates in the Auto Parts industry. It is solely engaged in the Auto components segment. The company is a manufacturer and supplier of Premium Quality Lipe brand clutches for Indian commercial vehicle manufacturers such as Tata Motors, Bharat Benz, Ashok Leyland, Man India, Mahindra and Mahindra, Volvo - Eicher Commercial Vehicles, and Asia Motor Works amongst others. It also manufactures clutches for hydraulic products for the construction equipment industry.

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