Motherson Sumi Wiring India Q1 Results, Revenue Declines to ₹2,184.84 Crores, Net Profit Falls to ₹148.87 Crores

Motherson Sumi Wiring India Q1 Results: Motherson Sumi Wiring India (MSWIL) announced its unaudited financial results for the first quarter of the 2024-2025 fiscal year on August 5, 2024. The company reported revenue from operations of ₹2,184.84 crores, marking a decrease of 2.14% compared to ₹2,232.67 crores in the previous quarter.

This decline in revenue reflects a slight contraction in their operations. Despite this, MSWIL achieved a profit before tax of ₹198.36 crores, demonstrating a reduction of 20.80% from ₹250.46 crores in the prior quarter, primarily due to increased operational expenses and lower income from contracts with customers.

On a year-over-year basis, MSWIL's revenue from operations showed a marginal decrease of 1.86% compared to ₹2,227.54 crores reported in Q1 2023-2024. The company's total income for the quarter was ₹2,189.82 crores, down 2.01% from ₹2,237.00 crores in the previous quarter.

The net profit for the period was ₹148.87 crores, which represents a decline of 22.19% from ₹191.44 crores in Q4 2023-2024. The decrease in profitability was attributed to higher costs of materials and changes in inventory levels.

Overall, while MSWIL's financial performance showed some softness compared to previous quarters, the company continues to maintain a solid revenue base and operational stability.

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Motherson Sumi Wiring India Q1 Results 2024 - 2025

Motherson Sumi Wiring India (MSWIL) reported its unaudited financial results for the first quarter of the 2024-2025 fiscal year on August 5, 2024. The company experienced a slight decline in revenue and profit compared to the previous quarter. Below is a summary of their Q1 financial performance:

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Motherson Sumi Wiring India Current Market Overview

Motherson Sumi Wiring India is currently performing well in the stock market. The company's shares are trading at ₹70.4 each, with a market value of ₹31,138 crores. The stock has had a high of ₹80.0 and a low of ₹57.8 recently.

MSWIL has a high price-to-earnings ratio of 46.9, indicating strong growth expectations. The company is also showing strong profitability, with a return on capital employed (ROCE) of 48.0% and a return on equity (ROE) of 42.4%. It offers a dividend yield of 1.14% and has a book value of ₹3.79 per share.

Overall, MSWIL's performance highlights its solid position in the market.

Quarterly Results

Here is the table showing Motherson Sumi Wiring India's quarterly results for the periods ending December 2023, March 2024, and June 2024:

About Motherson Sumi Wiring India 

Motherson Sumi Wiring India (MSWIL) is a major company based in Noida, India, that specializes in making wiring harnesses and electrical components for vehicles. It is a joint venture with Sumitomo Wiring Systems, a global leader in this field.

MSWIL provides complete electrical solutions to various vehicle manufacturers, including parts for light, medium, and heavy-duty commercial vehicles. The company operates 26 facilities across India and offers services such as product innovation, technical support, and design testing.

It serves customers worldwide and is known for its expertise in automotive wiring and electrical systems.

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