Motherson Sumi Wiring India surges as Q2 net profit rises 35% YoY
Standalone revenue from operations increased 46.78% year on year to Rs 4,053.83 crore from Rs 2,761.86 crore. Revenue rose 18.98% quarter on quarter from Rs 3,407.26 crore in Q1 FY27.
EBITDA increased 34% year on year to Rs 374 crore from Rs 280 crore. Sequentially, EBITDA grew 45% from Rs 258 crore in Q1 FY27.
Profit before tax stood at Rs 299.33 crore in Q2 FY27, up 53.20% vs previous quarter and 35.44% vs year-ago quarter.
Total expenditure increased 47.56% year on year to Rs 3,741.12 crore from Rs 2,535.30 crore. Raw material consumption rose 55.45% to Rs 2,905.46 crore, while employee expenses increased 30.36% to Rs 625.87 crore. Interest costs climbed 127.94% to Rs 14.52 crore, while depreciation and amortisation increased 14.59% to Rs 60.87 crore.
Chairman Vivek Chaand Sehgal said growth was supported by higher customer volumes, increasing content per vehicle and new model launches across electric and internal combustion engine platforms. He added that timely expansion and ramp-up of new manufacturing facilities supported higher volumes, while the company continued to focus on operational efficiencies and financial discipline amid elevated copper prices and other cost pressures.
Motherson Sumi Wiring India is a wiring harness and electrical and electronic distribution systems supplier to automotive original equipment manufacturers (OEMs) in India. It is a joint venture between Samvardhana Motherson International and Sumitomo Wiring Systems. The company provides solutions across the supply chain, from product design to manufacturing, for power distribution and data transfer in vehicles.
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