Q2FY23 Quarterly Result Announced for Motherson Sumi Wiring India Ltd.
Auto parts & components manufacturer Motherson Sumi Wiring India announced Q2FY23 results: Quarterly revenues of Rs. 1,835 crore, up by 31% Quarterly EBITDA of Rs 190 crore, up by 2% Quarterly PAT of Rs 116 crore, up by 2% Commenting on the results, Mr. Vivek Chaand Sehgal, Chairman, Motherson Sumi Wiring India Ltd. said, “Indian automotive industry is showing signs of revival and our customers are also ramping up production. This has resulted in one-time costs which should be mitigated in the coming quarters. The company is well positioned to leverage India growth story and mega trends, thanks to our consistent performance and long standing customer relationships.” Result PDF31-10-2022