Motherson Sumi Q1 revenue up 12%

Motherson Sumi Systems Limited (MSSL) said first-quarter revenue rose 12% to Rs 9,252 Cr and net profit rose 62% to Rs 266 Cr from a year ago.

The company’s subsidiary SMP has been nominated in the Volkswagen Group Procurement Strategic Partners for Future Automotive Supply Tracks, it said.

Its unit SMRPBV reported revenue growth of 25 percent.