05:15 PM EDT, 08/12/2025 (MT Newswires) -- Martinrea International ( MRETF ) on Tuesday said its second-quarter adjusted profit rose 7.6% despite weaker revenue.

The auto-parts company said its adjusted profit, excluding most one-time items, rose to $47.76 million, or $0.66 per share, in the period, up from $454.38 million, or $0.58, in the year-prior quarter.

Sales fell to $1.28 billion from $1.3 billion.

"We are very pleased with our performance in the second quarter. Margins were notably higher compared to the first quarter, reflecting continued progress. Vehicle production volumes increased quarter over quarter, as inventories returned to a more normal level. We continue to execute well and are driving results through operating improvements and efficiencies, cost reductions, and ongoing investments in machine learning and other innovations that are enhancing productivity," chief executive Pat D'Eramo.

The company noted its products are USMCA-compliant and exempt from U.S. tariffs.

"We have tariffs on some product that we get from our Tier 2 suppliers and from parts affected by steel and aluminum tariffs but, overall, our exposure is manageable," D'Eramo said.

The company's shares closed up $0.27 to $8.58 on the Toronto Stock Exchange.