| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 2.3K | 1.1% |
| Total Income | 2.3K | 1.3% |
| Expenditure | 2.1K | 0.5% |
| PBT | 184.64 | 8.9% |
| Net Profit | 139.98 | 8.0% |
| OPM | 5.67% | 0.62pp |
| NPM | 6.08% | 0.45pp |
| EPS | 0.32 | 5.9% |
Motherson Sumi Wiring India Ltd Reports 9% Revenue Growth in Q3FY25, Outpacing Industry Volume Growth
06 Feb 2025 · 6 Feb 2025, 10:06 pm
Summary
Motherson Sumi Wiring India Limited (MSWIL) announced its financial results for the fiscal year 2024-25 third quarter, which ended on 31st December 2024. The company reported revenues of Rs. 2300 crores, representing a 9% YoY growth. The growth was driven by a favourable product and content mix, outpacing the industry volume growth by ~6%. MSWIL is setting up three greenfield plants for new EV/ICE programs, which are in different stages of completion/ramp-up. Despite upfront costs associated with these expansions, MSWIL remains profitable and debt-free.
Key Highlights
- 1
Revenue growth of 9% outpacing the industry volume growth by ~6% on a YoY basis
- 2
Three Greenfield plants being set up for new programs (EV/ICE) in different stages of completion/ramp-up
- 3
Profitability remained strong for the business (excluding expansions)
- 4
Constructive conversations with customers for some of the pain sharing on associated costs for expansion
- 5
MSWIL remains a debt-free company
Management Comments
Mr. Vivek Chaand Sehgal
Chairman, Motherson Sumi Wiring India Ltd.
These results are a testament to the resilience and dedication of our team, particularly given the upfront costs associated with establishing our greenfield plants. These investments support upcoming EV and ICE programs, reflecting our strategic vision for the future and commitment to our customers. Despite these investments, our profitability remains strong, and we continue to uphold our status as a debt-free company.
Informational and educational content only. Not investment advice.