{
  "id": 17224525,
  "title": "Motherson Sumi Wiring Reports Strong Q2: Net Profit Up 35.1% To ₹223.37 Crore, Revenue Surges To ₹4,053.83 Crore",
  "url": "https://urgent.news/2026/10/30/motherson-sumi-wiring-reports-strong-q2-net-profit-up-35-1-to-223-37",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T11:36:15.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/motherson-sumi-wiring-reports-strong-q2-net-profit-up-351-to-22337-crore-revenue-surges-to-405383-crore"
  },
  "original_language": "en",
  "account": "Motherson Sumi Wiring India Ltd disclosed impressive financial results for the second quarter of 2026, reporting a substantial 35.1% increase in net profit to ₹223.37 crore. This marks a significant improvement from ₹165.34 crore earned during the same period last year. The company's revenue from operations also surged by 46.8% year-on-year, reaching ₹4,053.83 crore, up from ₹2,761.86 crore in the previous fiscal year's comparable quarter. Revenue generated from customer contracts amounted to ₹4,041.06 crore.\n\nThe total expenses for the quarter rose by 47.8% to ₹3,755.64 crore, compared to ₹2,541.67 crore in the year-ago period. The cost of materials consumed stood at ₹2,905.46 crore, up from ₹1,869.03 crore previously. Profit before tax saw a 35.4% increase, amounting to ₹299.33 crore, compared to ₹221.00 crore in the preceding quarter. No exceptional items were reported during the quarter.\n\nEarnings per share (EPS) for both basic and diluted measures were reported at ₹0.34 each, reflecting a 36% increase from ₹0.25 in the same quarter last year. The Board of Directors of Motherson Sumi Wiring India Ltd approved these unaudited financial results during a meeting held on October 30, 2026, at 1430 hours, with proceedings concluding at 1620 hours on the same day.",
  "summary": "Mumbai: Motherson Sumi Wiring India Ltd on Friday announced an unaudited standalone net profit of ₹223.37 crore for the second quarter ended 30 September 2026. This marks a 35.1 per cent increase compared to ₹165.34 crore reported in the same quarter last year. Revenue Performance The company's total revenue from operations for the quarter grew by 46.8 per cent year-on-year to ₹4,053.83 crore, up…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}