MMSL Q1 net jumps 439% to Rs 59.5 cr

Motherson Sumi Systems Ltd (MSSL) posted a profit after tax (PAT) of Rs 59.55 crore in the April-June quarter of the current financial year. as compared to Rs 11.05 crore in the corresponding quarter of the last financial year.

MMSL had revenues of Rs 1858.63 crore in the quarter, a 32 per cent jump over the corresponding quarter of last fiscal.

MMSL is  the flagship company of the Samvardhana Motherson Group, is a joint venture between Samvardhana Motherson Group and Sumitomo Wiring Systems of Japan.