Motherson Sumi’s Q1 net income up 62% y/y to USD41.6 million

News
Financial results

Company continues to see strong growth in overseas markets

Motherson Sumi Systems Limited (MSSL), the flagship company of India’s Samvardhana Motherson Group (SMG), reported 62.3% year-over-year (y/y) growth in net profit to INR2.7 billion (USD41.6 million, 30 June 2015) in the first quarter ended 30 June 2015, the company said in a press release.

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