Samvardhana Motherson International Ltd.
3.80 (3.24%) Motherson Sumi reports 25% fall in Q2 consolidated net profit
Date: 10-11-2014Motherson Sumi Systems has reported results for second quarter ended September 30, 2014.
The company has registered 22.34% rise in its net profit at Rs 144.57 crore for the quarter under review as compared to Rs 118.17 crore for the same quarter in the previous year. Total income of the company has increased 16.47% at Rs 1312.69 crore for Q2FY15 as compared Rs 1127.09 crore for the corresponding quarter previous year.
On the consolidated basis, the company’s net profit after taxes, minority interest and share of profit / (loss) of associates declined 25.25% to Rs 104.44 crore for the Q2 FY15 as compared to Rs 139.63 crore in Q2 FY14. However, the total income gained 10.67% to Rs 8021.54 crore in the quarter under review as compared to Rs 7247.84 crore in the corresponding quarter previous year.