In the fast lane! Motherson Sumi Systems Q2 profit soars 174.8%

The company’s total income has increased by 14.7 per cent to Rs. 9202.9 crore for the quarter under review from Rs.8021.5 crore for the quarter ended September 30, 2014.

Motherson Sumi Systems has announced the following results for the quarter ended September 30, 2015

The company reported 174.8 per cent rise in its net profit of Rs. 286.9 crore for the quarter ended September 30, 2015 as compared to Rs. 104.4 crore for the quarter ended September 30, 2014.

The company’s total income has increased by 14.7 per cent to Rs. 9202.9 crore for the quarter under review from Rs.8021.5 crore for the quarter ended September 30, 2014.

On a standalone basis, the company has posted a net profit of Rs. 196.9 crore for the quarter ended September 30, 2015 as compared to Rs. 144.6 crore for the quarter ended September 30, 2014. Total Income has increased from Rs. 1312.7 crore for the quarter ended September 30, 2014 to Rs. 1462.9 crore for the quarter ended September 30, 2015.