Saturday, February 23, 2019
News

Motherson Sumi's Q3 profit rises to Rs 389 crore

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

| February 11, 2019 3:11:41 PM IST
A strong order book helped auto ancillary company Motherson Sumi Systems report net profit of Rs 389.06 crore during the third quarter (October to December) of current fiscal 2018-19.

It was Rs 364.49 crore in the corresponding period of last year, the company informed stock exchanges on Monday.

The company posted quarterly consolidated revenue at Rs 16,473 crore for the quarter ended December 2018 compared to Rs 14,388 crore.

Motherson Sumi Systems is one of the leading manufacturer of automotive wiring harnesses, mirrors for passenger cars and a leading supplier of plastic components and modules to the automotive industry.

Its broad business portfolio includes wiring harnesses, mirrors for passenger car, injection moulded products, modules including dashboards, door trims, bumpers, blow moulded components, liquid silicone rubber moulded components, injection moulding tools, extruded rubber products, precision machined metal components and waste recycling systems.

(ANI)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
GMR-TERNA JV signs concession agreement ...
Rahul has asked Congress CMs to revoke a...
Government promoting silk production in ...
Saudi Crown Prince meets Xi, $10 bn refi...
Allahabad Bank using Centre's capital in...
Vistara-Japan Airlines enter into codesh...
More...
 
INDIA WORLD ASIA
Pulwama not a poll issue, but can't be i...
Delhi to host Russian cultural festival...
Centre withdraws notification giving mor...
CRISPR twins may be the first humans wit...
Rahul Gandhi promises Special Status t...
Heres a new exercise trend that's made ...
More...    
 
 Top Stories
Vistara-Japan Airlines enter into c... 
A march for dignity: sexual violenc... 
Modi receives Seoul Peace Prize, ma... 
Restaurant aggregators may be summo... 
Congress to offer comprehensive far... 
Delhi government launches 'Connect ... 
ISL: Sougou hat-trick hands Mumbai ... 
Seven Haryana cops suspended after ...