Motherson Sumi Wiring India Limited (MSWIL) announced its financial results for the first quarter ended June 30, 2026, reporting a revenue of ₹3,407 crores, marking a significant 37% year-over-year increase. Despite facing cost headwinds, the company demonstrated resilience and consistent industry outperformance, driven by expansion into new projects and strong customer relationships. Profitability was impacted by higher copper prices and minimum wage revisions.
Strong Revenue Growth in Q1 FY27
Motherson Sumi Wiring India Limited (MSWIL) has reported robust financial performance for the first quarter of the fiscal year 2026-27, which concluded on June 30, 2026. The company posted revenues of ₹3,407 crores, an impressive 37% surge compared to the same period last year. This growth signifies MSWIL’s consistent ability to outpace industry expansion, even within a challenging cost environment.
Key Drivers and Financial Highlights
According to Vivek Chaand Sehgal, Chairman, the strong first-quarter performance is attributed to the company’s resilience and enduring customer relationships. Key highlights include MSWIL’s timely expansion into Greenfields projects and the successful ramp-up of new customer programs, which contributed significantly to revenue growth and enhanced customer confidence.
However, the company noted that higher average copper prices and substantial minimum wage revisions in several states had an impact on profitability. MSWIL is actively engaged in constructive discussions with its customers to address cost increases and maintain business momentum.
Financial Performance Summary
The financial performance for the reported quarter is summarized as follows:
| Particulars | Reported Q1 FY27 | Reported Q1 FY26 | Growth % |
|---|---|---|---|
| Revenue | 3,407 | 2,494 | 37% |
| EBITDA | 258 | 244 | 6% |
| PAT | 145 | 143 | 1% |
About Motherson Sumi Wiring India Limited
Motherson Sumi Wiring India Limited (MSWIL) is a prominent and rapidly expanding provider of full-system solutions to OEMs in the wiring harness sector in India. It operates as a joint venture between Samvardhana Motherson International Limited (SAMIL) and Sumitomo Wiring Systems, Ltd. (SWS), offering comprehensive capabilities across the supply chain for integrated, cutting-edge Electrical & Electronic Distribution Systems.
Source: BSE
