Motherson Sumi Wiring India, a JV between Sumitomo Wiring System and Motherson Group, is a market leader in the Indian wiring harness industry with a market share of over 40%.
Financial Results:
- Motherson Sumi Wiring India Ltd reported Revenues for Q2FY24 of ₹2,105.00 Crores up from ₹1,835.00 Crore year on year, a rise of 14.71%.
- Total Expenses for Q2FY24 of ₹1,899.00 Crores up from ₹1,690.00 Crores year on year, a rise of 12.37%.
- Consolidated Net Profit of ₹156.00 Crores up 34.48% from ₹116.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹0.35, up 34.62% from ₹0.26 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.