Motherson Sumi Wiring India reported a 35 percent year-on-year increase in net profit for Q2 FY27, reaching Rs 223.37 crore compared to Rs 165.34 crore in the corresponding period of the previous financial year. On a sequential basis, net profit expanded by 54 percent from Rs 145.32 crore recorded in Q1 FY27.
Revenue from operations for the second quarter grew 47 percent year-on-year to Rs 4,053.83 crore from Rs 2,761.86 crore in Q2 FY26. Total income for the quarter stood at Rs 4,054.97 crore. Sequentially, operational revenue rose 19 percent compared to Rs 3,407.26 crore in Q1 FY27.
Total expenses for Q2 FY27 increased 48 percent year-on-year to Rs 3,755.64 crore compared to Rs 2,541.67 crore in Q2 FY26. The rise in operational expenditure was primarily led by material costs, with cost of materials consumed growing 55 percent to Rs 2,905.46 crore from Rs 1,869.03 crore in the year-ago quarter, alongside elevated copper prices.
For H1 FY27, revenue from operations reached Rs 7,461.09 crore, up 42 percent from Rs 5,255.89 crore in H1 FY26. Total expenses for H1 FY27 reached Rs 6,972.90 crore against Rs 4,846.93 crore in H1 FY26.
"The growth in the business has been supported by higher customer volumes, increasing content per vehicle and our participation in new model launches across both EV and ICE platforms. At the same time, our teams continue to focus on operational efficiencies and financial discipline while navigating elevated commodity costs," said Vivek Chaand Sehgal, Chairman, Motherson Sumi Wiring India.