Companies

Motherson Sumi reports marginal drop in Q3 profit

PTI | | Updated on: Feb 11, 2019
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Auto component major Motherson Sumi Systems on Monday reported 1.19 per cent drop in consolidated net profit at ₹ 554.99 crore for the third quarter ended December 31, 2018.

The company had reported a profit of ₹ 561.71 crore during the same period of previous fiscal.

Revenue from operations, however, rose to ₹ 16,233.65 crore as compared with ₹ 14,271.45 crore in October-December 2017-18, Motherson Sumi said in a regulatory filing.

Published on February 11, 2019

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