Motherson Sumi's net profit up 48% y/y to USD192.2 million in FY 2015/16
Expects growth in North America, China
Motherson Sumi Systems Limited (MSSL), the flagship company of India-based Samavardhana Motherson Group (SMG), has reported a 48% year-over-year (y/y) increase in net profit to INR12.74 billion (USD192.2 million, 31 March 2016) for the financial year ended 31 March 2016, the company said in a filing to Bombay Stock Exchange (BSE).
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