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news-national

Motherson Sumi Systems’ restructuring exercise, which is expected to get complete by August this year, will allow the Group to pursue acquisition oppo...

news-national

Motherson Sumi Systems reports net profit of Rs 33...
by Autocar Pro News Desk 10 Nov 2020

The company says that there has been improvement in its global operations, with around 80 percent of its facilities running at over 75 percent capacit...

news-national

As per the company, the proceeds from the NCD will be used to pre-pay the debt, thereby strengthening its balance sheet and reducing interest costs.

news-national

Motherson Sumi Systems reports loss of Rs 810 cror...
by Autocar Pro News Desk 11 Aug 2020

The company says just like the overall industry, its Q1 FY2021 results was severely impacted by Covid-19 pandemic, and hence the results are not compa...

news-international

Motherson Sumi board approves group reorganisation
by Autocar Pro News Desk 03 Jul 2020

The reorganisation entails demerger of Domestic Wiring Harness (DWH) business from MSSL and subsequent merger of SAMIL into MSSL.

news-national

Well-diversified, multi-product Tier 1 supplier with 270 plants in 41 counties hunts for new buys as Covid-19 lowers valuations for companies worldwid...

news-national

Motherson Sumi Systems re-organises business to en...
by Autocar Pro News Desk 10 Feb 2020

This re-organisation will also lead to SMRPBV becoming a 100% subsidiary of MSSL-2. Samvardhana Motherson International's (SAMIL) shareholding of SMRP...

news-national

Motherson Sumi Q3 revenue down 5% but crosses Rs 1...
by Autocar Pro News Desk 10 Feb 2020

The tier 1 supplier's India operations saw stable growth on the back of improvement in operational efficiencies.

news-national

Motherson Sumi Systems Q2 FY2020 net profit at Rs ...
by Autocar Pro News Desk 11 Nov 2019

The Tier 1 says despite the current market conditions it's revenues grew by 6%, while profit was up by 4%

news-international

Motherson Sumi Systems sets up manufacturing unit ...
by Autocar Pro News Desk 05 Sep 2019

Subsidiary Motherson PKC Harness Systems to produce many products including wiring harnesses, rear view mirrors and injection moulded products

news-national

Motherson Sumi Q1 FY2020 PAT at Rs 332 crore, down...
by Autocar Pro News Desk 12 Aug 2019

The company saw its India business slump by 50 percent during the first quarter.

news-national

Motherson Sumi Q4 FY2019 PAT at Rs 410 crore, down...
by Autocar Pro News Desk 27 May 2019

Motherson Sumi reported highest ever annual revenue in FY2019.

news-national

Motherson Sumi Systems reports Q3 FY19' profit of ...
by Autocar Pro News Desk 11 Feb 2019

Highlights of the quarter for the company includes starting commercial operations of its largest plant at Tuscaloosa, USA.

news-national

Motherson Sumi Systems reports Rs 1,113 crore prof...
by Autocar Pro News Desk 14 Nov 2018

The tier-1 supplier reports consolidated revenue of Rs 14,853.55 crore and Rs 29,416.53 crore in Q2 and H1 of FY2019 respectively.

news-national

Motherson Sumi completes acquisition of Reydel Aut...
by Autocar Pro News Desk 03 Aug 2018

Consolidates its position as a global interior supplier and expands its global footprint to over 200 facilities across 41 countries.

news-national

Motherson Sumi’s FY2018 revenue up 33% to Rs 55,85...
by Autocar Pro News Desk 23 May 2018

In FY2018, MSSL's overseas revenue grew by 35 percent and domestic revenues by 21 percent. While PBT increased by 18 percent, PAT was up by 25 percent...

news-national

Motherson Sumi plans JV with Ossia Group for Cota ...
by Autocar Pro News Desk 10 Jan 2018

Motherson Innovations takes 4.5% stake in Ossia, which has patented Cota smart antenna technology. Cota technology will not only supply continuous wir...

news-national

Motherson Sumi records best quarter and revenue, n...
by Autocar Pro News Desk 10 Nov 2017

The consolidated EBITDA came at Rs 1,354 crore an increase of 31 percent compared to Rs 1,035 crore for the same quarter the previous year.

news-national

The share of this revenue growth is almost equal from both its local and export businesses, bringing in 24 percent and 25 percent surge respectively.

news-national

Motherson Sumi Systems among Volkswagen Group’s to...
by Autocar Pro News Desk 30 Jun 2017

Motherson Sumi Systems, the largest auto ancillary in India, has been recognised as a 'global champion' by the Volkswagen Group.

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