Motherson Sumi Wiring India standalone net profit rises 38.25% in the March 2024 quarter

Sales rise 19.15% to Rs 2212.96 crore

Net profit of Motherson Sumi Wiring India rose 38.25% to Rs 191.44 crore in the quarter ended March 2024 as against Rs 138.47 crore during the previous quarter ended March 2023. Sales rose 19.15% to Rs 2212.96 crore in the quarter ended March 2024 as against Rs 1857.35 crore during the previous quarter ended March 2023.

For the full year,net profit rose 31.06% to Rs 638.30 crore in the year ended March 2024 as against Rs 487.04 crore during the previous year ended March 2023. Sales rose 17.82% to Rs 8274.03 crore in the year ended March 2024 as against Rs 7022.61 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales2212.961857.35 19 8274.037022.61 18 OPM %13.1611.67 -12.2511.28 - PBDT289.83213.39 36 992.79775.87 28 PBT250.46178.64 40 845.54652.21 30 NP191.44138.47 38 638.30487.04 31

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