Samvardhana Motherson International Ltd.

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Motherson Sumi Systems reports nine fold jump in Q1 consolidated net profit

Date: 31-07-2013

Motherson Sumi Systems has reported results for first quarter ended June 30, 2013.

The company has reported 21.96% rise in its net profit at Rs 80.80 crore for the quarter as compared to Rs 66.25 crore for the same quarter in the previous year. Total income of the company has increased by 0.74% at Rs 1090.95 crore for quarter under review as compared to Rs 1082.89 crore for the quarter ended June 30, 2012.

On the consolidated basis, the group registered about nine fold jump in its net profit at Rs 73.20 crore for the quarter as compared to Rs 8.14 crore for the same quarter in the previous year. Total income of the company, on consolidated basis, has increased by 10.87% at Rs 7086.87 crore for quarter under review as compared to Rs 6391.83 crore for the quarter ended June 30, 2012.