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Motherson Sumi's Q4 consolidated net profit up 12%

Its consolidated net profit during quarter under review increased to Rs 475 cr from Rs 425 cr in FY

IANS  |  Mumbai 

Specialised auto component manufacturer Motherson Sumi Systems (MSSL) on Friday reported an increase of 12 per cent in its consolidated net profit for the fourth quarter (Q4) of 2016-17. According to the company, its consolidated net profit during the quarter under review increased to Rs 475 crore from Rs 425 crore in the corresponding period of 2015-16. Motherson Sumi Systems' consolidated revenue during the quarter under review rose by 15 per cent to Rs 11,100 crore from Rs 9,663 crore. On a full financial year 2016-17 basis, the company reported that its cnsolidated ...

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First Published: Fri, May 19 2017. 17:07 IST
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