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Revenue jumped 47% YoY driven by passenger vehicle premiumization and EV adoption. Margins faced pressure from soaring copper prices and wage hikes.
Q2 FY27 revenue Rs4,054 Cr (+47% YoY), EBITDA Rs374 Cr (9.2% margin), PAT Rs223 Cr (+35%). H1 revenue Rs7,461 Cr (+42%); premiumisation and EV/ICE wins drove growth.
Motherson Sumi Wiring India reported 37% revenue growth for Q1 FY27, driven by EV ramp-ups and new customer programs, but margins are under pressure due to wage hikes and copper price lags.
Motherson Sumi Wiring India reported strong Q1FY27 revenue growth of 37% YoY, significantly outperforming the Indian passenger vehicle industry's 17% growth.
MSWIL achieved record annual revenue crossing ₹10,000 crores in FY26. Performance reflects strong growth despite transitional copper price margin compression.
Motherson Sumi Wiring India reported a 'best-ever' FY26, crossing the INR 100 Bn revenue mark. Strategy focuses on high-voltage EV solutions and debt-free operations.