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Higher EV share, FY22 auto rebound to support Motherson's revenues

Increased utilisation, improving margins and lower debt are profit triggers going ahead

Topics
Electric Vehicles | Motherson Sumi | Motherson Sumi stock

Ram Prasad Sahu  |  Mumbai 



motherson sumi
The company indicated that it is a supplier to four out of the top five electric vehicle models sold globally.

Led by improved performance across key segments, returned to growth trajectory in the December quarter. After five consecutive quarters of year-on-year fall in revenues, the company posted 15 per cent growth in consolidated revenues.

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First Published: Mon, February 15 2021. 18:09 IST

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