Motherson Sumi Q3 results: Net profit triples to Rs 798 cr, revenue up 15%
The automotive component manufacturing company s revenue rose 15 per cent to Rs 17,923 crore in December quarter, the highest ever in a quarter.
BusinessToday.In | February 12, 2021 | Updated 20:01 IST
Motherson Sumi s EBITDA rose 56 per cent to Rs 2,041 crore in December quarter.
Motherson Sumi Systems Ltd on Friday reported a consolidated net profit of Rs 798 crore for October-December quarter, almost triple of Rs 271 crore posted in the year-ago quarter, on higher demand.
The automotive component manufacturing company s revenue rose 15 per cent to Rs 17,923 crore in December quarter, the highest ever in a quarter, while total expenses rose 10 per cent to Rs 16,170 crore.