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Motherson Sumi Systems reports Q3 net profit at Rs.561.71 crore

Motherson Sumi Systems Ltd, has reported a consolidated net profit of Rs.561.71 crore for the quarter ended December 31,2017.

In a BSE filing the company stated that, it had posted a consolidated net profit of Rs.547.32 crore in corresponding quarter, last year. Consolidated total revenue from operations during the quarter under review was at Rs.14,397.85 crore, while in the same quarter last year it was Rs.10,784.19 crore.

Moreover, MSSL Chairman, Vivek Chaand Shegal stated, “The momentum towards growth continues in our third quarter. Customer confidence remains high and with new plants being commissioned or underway, the outlook remains positive.”

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