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"The Motherson Sumi Systems Limited is on top-notch after declared its Q4 result"

Updated: Jun 3, 2021


The Board of Directors of the Company approved (audited) Standalone and Consolidated Financial Results of the Company for the quarter and fiscal year ended March 31, 2021; and


Announced a dividend of Rs. 1.50 per equity share (face value of Re. 1/- each) on the Equity Share Capital of the Company, subject to the approval of the shareholders at the ensuing 34th Annual General Meeting (“AGM”).


Key Highlights.

Consolidated

• Quarterly revenues of Rs. 17,844 crores, up by 19%

• Quarterly PAT of Rs. 714 crores, up by 290%.

• Quarterly EBITDA, up by 44%

Standalone

Robust performance by Motherson Sumi Systems Ltd., as Quarterly Revenues cross Rs.17,500 crore mark in the second consecutive quarter, PAT is up by 290%

Moody’s upgraded outlook while maintaining rating at Ba1


 


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