Motherson Sumi Wiring India Reports Q3 Results With Steady Growth

Motherson Sumi Wiring India Ltd, a leading manufacturer of automotive wiring harnesses, announced its December quarter financial results, reflecting steady growth in revenue and profitability. The company reported consolidated revenue from operations at Rs 28.87 billion, while net profit stood at Rs 1.49 billion. The performance underscores the company’s ability to sustain momentum in a competitive automotive market, driven by demand for wiring solutions across passenger and commercial vehicles.  

Key highlights from the announcement include 

• Q3 consolidated revenue from operations stood at Rs 28.87 billion.  
• Net profit reported at Rs 1.49 billion in the December quarter.  
• Performance supported by demand in automotive wiring harnesses.  
• Operational efficiency contributed to profitability despite industry challenges.  
• Company continues to strengthen its presence in India’s auto component sector.  
• Analysts view results as stable, reflecting resilience in the automotive supply chain.  

Industry experts note that Motherson Sumi Wiring India’s results demonstrate its ability to balance growth and profitability while navigating sector headwinds, reinforcing its leadership in the automotive wiring solutions market.  

Sources: Reuters, Economic Times, Business Standard