Motherson Sumi Wiring India Ltd Q4FY24; 38% 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 Q4FY24 of ₹2,233.00 Crores up from ₹1,872.00 Crore year on year, a rise of 19.28%.

Total Expenses for Q4FY24 of ₹1,986.00 Crores up from ₹1,699.00 Crores year on year, a rise of 16.89%.

Consolidated Net Profit of ₹191.00 Crores up 38.41% from ₹138.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.43, up 38.71% from ₹0.31 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.