Motherson Sumi reports 12.7% y/y increase in FY2014/15 net profit to USD137.6 million
Aims to achieve threefold growth in sales to USD18 billion by 2020
Motherson Sumi Systems Limited (MSSL), the flagship company of India-based Samavardhana Motherson Group (SMG), reported a 12.7% year-over-year (y/y) increase in net profit to INR8.6 billion (USD137.6 million, 31 March 2015) for the financial year ended 31 March 2015, the company said in a press release.
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