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Motherson Sumi Systems reports over two fold jump in Q3 consolidated net profit

31 Jan 2014 Evaluate

Motherson Sumi Systems has reported results for third quarter ended December 31, 2013.

The company has reported 5.80% rise in its net profit at Rs 123.67 crore for the quarter as compared to Rs 116.88 crore for the same quarter in the previous year. Total income of the company has increased by 2.57% at Rs 1107.43 crore for quarter under review, as compared to Rs 1079.64 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported over two fold jump in its net profit after taxes at Rs 249.60 crore for the quarter as compared to Rs 103.02 crore for the same quarter in the previous year. Total income of the group has increased by 19.89% at Rs 7993.50 crore for quarter under review as compared to Rs 6667.36 crore for the quarter ended December 31, 2012.

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