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Quarterly Result4 Aug 2026, 11:18 am

Motherson Sumi Wiring India Q1 FY27 Revenue Jumps 37% YoY to ₹3,407 Cr

AI Summary

Motherson Sumi Wiring India Limited (MSWIL) announced its first-quarter financial results for the period ending June 30, 2026. The company reported revenues of ₹3,407 crores, marking a significant 37% year-over-year increase. This growth outpaced industry expansion, driven by timely greenfield project expansions and the successful ramp-up of new customer programs. However, profitability was impacted by higher average copper prices and substantial minimum wage revisions. MSWIL is actively engaged in discussions with customers to recover cost increases and maintain business momentum. The company highlighted its resilience and strong customer relationships as key factors in its performance.

Key Highlights

  • Q1 FY27 revenue surged 37% YoY to ₹3,407 crores.
  • Growth driven by greenfield expansions and new customer programs.
  • Profitability impacted by higher copper prices and wage revisions.
  • Constructive discussions ongoing with customers for cost recovery.