Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit
Latest News

Motherson Sumi Q4 profit rises 9% YoY at Rs.518 crore

Motherson Sumi Systems, consolidated profit during the quarter ended March 31,2018, rose by 9.2 % year-on-year to Rs.518.4 crore.

The company in the same quarter last year reported a profit of Rs.475 crore. Revenue from operations in March quarter went up 36.9% to Rs.15,408 crore, compared to same period last year as Samvardhana Motherson Peguform (SMP) showed 21% growth and Samvardhana Motherson Reflectec (SMR) reported 6% growth.

Consolidated EBITDA in Q4 rose by 17.8% to Rs.1,419 crore, but margin fell 150 basis points to 9.2%  compared to same quarter last year. Furthermore, other income were reported at Rs.61.5 crore during the quarter under review, as against Rs.124.6 crore in corresponding period of last fiscal.

Read EquityPandit’s Technical Analysis of Indian Stock Market 

Get Daily Prediction & Stocks Tips On Your Mobile