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Motherson Sumi Systems reports 9% rise in Q4 net profit

17 May 2013 Evaluate

Motherson Sumi Systems reported results for the fourth quarter and year ended March 31, 2013.

The company has reported a rise of 8.44% in its net profit at Rs 179.18 crore in Q4FY13 as compared to net profit of Rs 165.23 crore in the same quarter previous year. Total income of the company has increased by 1.74% to Rs 1232.07 crore as compared to Rs 1211.03 crore in corresponding quarter last year.

On consolidated basis, the company has reported a rise of 0.50% in its net profit at Rs 195.80 crore in Q4FY13 as compared to net profit of Rs 194.83 crore in the same quarter previous year. Total income of the company has increased by 3.90% to Rs 6675.84 crore as compared to Rs 6425.23 crore in corresponding quarter last year.

For the year ended March 31, 2013, the company has registered 48.06% rise in its net profit at Rs 469.62 crore in FY13 as against Rs 317.17 crore in previous years. Total income of the company has increased to Rs 4321.70 crore as compared to Rs 3587.46 crore in FY12, up by 20.47%.

On consolidated basis, the group has registered 71.21% rise in its net profit at Rs 444.54 crore in FY13 as against Rs 259.64 crore in previous year. Total income of the company has increased to Rs 25616.96 crore as compared to Rs 14907.58 crore in FY12, up by 71.84%.

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