You are here: Home » Companies » Financial X-Ray
Ant Financials is a great role model: Flexiloans.com co-founder M Lunia
Gold prices remain stable at Rs 47,340 per 10 gm, silver at Rs 69,200 a kg
Business Standard

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

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

Topics
Motherson Sumi | Electric Vehicles

Ram Prasad Sahu 



Higher EV share, FY22 auto rebound to support Motherson Sumi’s revenues
What bodes well for the company is the higher share of electric vehicles in the overall order book of its European subsidiaries.

Led by an 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 a 15 per cent growth in consolidated revenues.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Mon, February 15 2021. 06:10 IST

RECOMMENDED FOR YOU

.