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08-Nov-2024

Motherson Sumi Wiring India

Sales up 10.26%, while PAT decreased by 2.44%.


'On standalone basis

Quarter ended September 2024 compared with Quarter ended September 2023.

Net sales (including other operating income) of Motherson Sumi Wiring India has increased 10.26% to Rs 2,325.64 crore.  Operating profit margin has declined from 11.98% to 10.73%, leading to 1.26% decline in operating profit to Rs 249.55 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 66.37% to 65.14%.   Employee cost increased from 16.14% to 17.16%.   Other expenses rose from 5.63% to 7.03%.   

Other income up 379.80% to Rs 4.75 crore.  PBIDT rose 0.23% to Rs 254.3 crore.  Provision for interest fell 2.45% to Rs 7.18 crore.  Loan funds declined from Rs 282.63 crore as of 30 September 2023 to Rs 281.97 crore as of 30 September 2024.  Inventories rose to Rs 1,306.29 crore as of 30 September 2024 from Rs 1,149.79 crore as of 30 Septe...



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