Samvardhana Motherson International Ltd.

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Motherson Sumi reports stellar Q3 numbers

Date: 12-02-2013

Motherson Sumi Systems has reported results for third quarter ended December 31, 2012.

The company has reported 113.05% rise in its net profit at Rs 116.88 crore for the quarter as compared to Rs 54.86 crore for the same quarter in the previous year. Total income from operation of the company has increased by 27.15% at Rs 1064.53 crore for quarter under review as compared to Rs 837.25 crore for the quarter ended December 31, 2011.

The company, on consolidated basis, posted net profit of Rs 103.02 crore for the quarter as compared to a net loss of Rs 24.72 crore for the same quarter in the previous year. Total income of the company increased by 73.47% at Rs 6,662.59 crore for quarter under review as compared to Rs 3,840.80 crore for the quarter ended December 31, 2011.