Motherson Sumi Q1 net up 9% to Rs 65 cr

Motherson Sumi Systems posted its June quarter ended results with a net profit of Rs 65 crore, an increase of 9% from Rs 60 crore in the corresponding quarter a year ago.

Total income sprang 20.7% to Rs 2,303 crore from Rs 1,907 crore a year ago for the corresponding period.

Post results, the shares of Motherson Sumi were trading down by 5% on the Bombay Stock Exchange.