Motherson Sumi Wiring Q4FY23; 198% Growth in Profits

Motherson Sumi Wiring India Ltd.’s revenue in Q4FY23 rose 12% to ₹ 1,864 crores. Consolidated Profit After Tax came at ₹ 138 crores in Q4FY23 showcasing a 198% rise in profits on YoY basis. In this quarter’s results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q4Y23.