Motherson Sumi Wiring India surges as Q2 net profit rises 35% YoY
Mumbai, Nov. 2 -- Sequentially, net profit rose 53.71% from Rs 145.32 crore in Q1 FY27.
Standalone revenue from operations increased 46.78% year on year to Rs 4,053.83 crore from Rs 2,761.86 crore. Revenue rose 18.98% quarter on quarter from Rs 3,407.26 crore in Q1 FY27.
EBITDA increased 34% year on year to Rs 374 crore from Rs 280 crore. Sequentially, EBITDA grew 45% from Rs 258 crore in Q1 FY27.
Profit before tax stood at Rs 299.33 crore in Q2 FY27, up 53.20% vs previous quarter and 35.44% vs year-ago quarter.
Total expenditure increased 47.56% year on year to Rs 3,741.12 crore from Rs 2,535.30 crore. Raw material consumption rose 55.45% to Rs 2,905.46 crore, while employee expenses increased 30.36% to Rs 625.87 crore. Interest cost...
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