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Motherson Sumi reports marginal rise in Q3 consolidated net profit

10 Feb 2015 Evaluate

Motherson Sumi Systems has reported results for third quarter ended December 31, 2014.

The company has registered a fall of 7.99% in its net profit after taxes at Rs 113.79 crore for the quarter under review as compared to Rs 123.67 crore for the same quarter in the previous year. However, total income of the company increased by 12.11% at Rs 1241.52 crore for Q3FY15, as compared Rs 1107.43 crore for the corresponding quarter previous year.

On the consolidated basis the company’s net profit after tax, minority interest and share in profit/(loss) rose 1.85% to Rs 254.21 crore for the Q3 FY15, as compared to Rs 249.60 crore in Q3 FY14. Total income increased 14.52% to Rs 9153.81 crore in the quarter under review as compared to Rs 7993.50 crore in the corresponding quarter previous year.

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