Motherson Sumi Q2 PAT declines 12% to INR 337 crore
The net income of the company from sales declined in Q2 by 6.07% to INR 14,957.21 crore as against INR 15,924.20 crore in Q2 FY20.
NEW DELHI: Motherson Sumi, one of the largest auto component manufacturers in India, reported 12.2% drop in its consolidated profit after tax (PAT) to INR 337.58 crore in the second quarter of FY21, against a net profit of INR 384.60 crore in the same quarter a year ago, the company said in a release.
The net income of the company from sales in Q2 declined by 6.07% to INR 14,957.21 crore as against INR 15,924.20 crore in the corresponding quarter in the previous year.
Vivek Chaand Sehgal, chairman, Motherson Sumi Systems Ltd, said, “Global automotive industry is on a path to recovery in the post COVID world. We are seeing a surge in demand across the globe. Our teams are geared up to fulfil the..........Leer mas en el link 👇👇👇👇👇👇👇👇👇