Motherson Sumi Wiring India Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
October 31, 2023 at 05:57 am EDT
Motherson Sumi Wiring India Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported revenue was INR 21,102.1 million compared to INR 18,459.3 million a year ago. Net income was INR 1,558.8 million compared to INR 1,164.5 million a year ago. Basic earnings per share from continuing operations was INR 0.35 compared to INR 0.26 a year ago. Diluted earnings per share from continuing operations was INR 0.35 compared to INR 0.26 a year ago.
For the six months, revenue was INR 39,825.5 million compared to INR 35,245.6 million a year ago. Net income was INR 2,790.1 million compared to INR 2,424.1 million a year ago. Basic earnings per share from continuing operations was INR 0.63 compared to INR 0.55 a year ago. Diluted earnings per share from continuing operations was INR 0.63 compared to INR 0.55 a year ago.