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1. Q3 net of Motherson Sumi up 21%
09.02.2016
Motherson Sumi
Systems Limited
(MSSL) today reported
a nearly 21 percent
increase in its
consolidated net profit
at Rs 307.35 crore for
the quarter ended
December 31. Last year,
in the same quarter, the
company posted a
consolidated net profit
of Rs 254.21 .
The auto component manufacturer’s consolidated net sales for the quarter was also up 8.11 percent
compared to the same quarter in last financial year and stood at Rs 9,676.36 crore as against Rs
8,949.81 crore in previous fiscal.
At 2.55 pm, company’s stock was trading nearly 12 percent down at Rs 240 per equity share.
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