Categories AlphaGraphs, Automobile, Earnings
Motherson Sumi Wiring India Ltd Q3FY24; 58% rise in Profits
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 Q3FY24 of ₹2,117.00 Crores up from ₹1,687.00 Crore year on year, a rise of 25.49%.
Total Expenses for Q3FY24 of ₹1,899.00 Crores up from ₹1,547.00 Crores year on year, a rise of 22.75%.
Consolidated Net Profit of ₹168.00 Crores up 58.49% from ₹106.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹0.38, up 58.33% from ₹0.24 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.
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