Motherson Sumi Systems’ Q3 net profit up 28.2% y/y to USD80.4 million
Aims to achieve revenues of USD18 billion by 2020
Indian auto component manufacturer Motherson Sumi Systems Limited (MSSL), the flagship company of India’s Samvardhana Motherson Group (SMG), has reported a 28.3% year-on-year (y/y) growth in net profit to INR5.4 billion (USD80.4 million, 31 December 2016) for the third quarter ended 31 December 2016, according to a regulatory filing.
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