Motherson Sumi Wiring India Limited — Updates, 06-02-2025: Press Release

Motherson Sumi Wiring India Limited (MSWIL) reported revenues of ₹2,300 crore for Q3 FY25, reflecting an 8.7% year-over-year growth, driven by a favorable product mix and increasing market demand. The company's Greenfield plants, central to its strategy for electric vehicle (EV) and internal combustion engine (ICE) programs, are at various stages of ramp-up, with operational readiness expected in upcoming quarters. Despite incurring upfront costs from these expansions, MSWIL maintains strong profitability, with EBITDA at ₹238 crore and a PAT of ₹140 crore. The firm also continues to enjoy a debt-free status and is exploring cost-sharing discussions with customers to alleviate the financial burden of expansion efforts. The outlook remains positive as MSWIL positions itself for future market demands, benefitting from a trend toward vehicle electrification.