Motherson Sumi Wiring India Reports Revenue and Profit Growth

Motherson Sumi Wiring India has announced its financial results for the fourth quarter, reflecting steady revenue growth and profitability. The company reported consolidated revenue from operations of 25.1 billion rupees, supported by strong demand for its automotive wiring solutions.  

Financial Overview:  
- Consolidated revenue from operations stood at 25.1 billion rupees, showcasing consistent business performance.  
- Net profit reached 1.65 billion rupees, reinforcing the company’s financial stability and operational efficiency.  

Business Insights:  
- Motherson Sumi Wiring India specializes in manufacturing wiring harnesses for automobiles, serving as a key supplier to major vehicle manufacturers.  
- The company’s focus on optimizing production and cost management has contributed to sustained profitability.  
- Strong demand for its products continues to drive revenue growth, with expansion plans in place to enhance manufacturing capacity.  

Sources:  
Moneycontrol, CNBC TV18, Business Standard.

 

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