Motherson Sumi Systems reports 12% fall in Q2 consolidated net profit
10th Nov 2020

Motherson Sumi Systems has reported results for second quarter ended September 30, 2020.

The company has reported 30.14% fall in its net profit of Rs 65.77 crore for the quarter under review as against net profit of Rs 94.14 crore for the same quarter in the previous year. However, total income of the company increased 1.98% at Rs 1025.95 crore for Q2FY21 as compared Rs 1006.00 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 12.23% fall in its net profit attributable to owners at Rs 337.58 crore for the quarter under review as against net profit of Rs 384.60 crore for the same quarter in the previous year. Total income of the company decreased by 2.14% at Rs 15012.49 crore for Q2FY21 as compared Rs 15340.24 crore for the corresponding quarter previous year.