Motherson Sumi Wiring India Limited (MSWIL) has announced its financial results for the second quarter and half year ended September 30, 2026. The company reported a robust 47% year-over-year increase in revenue to ₹4,054 crore for the second quarter. This growth was driven by higher customer volumes, increased content per vehicle, and new model wins across EV and ICE platforms, alongside efficient operational performance.
Motherson Sumi Wiring India Reports Strong Q2 FY27 Performance
Motherson Sumi Wiring India Limited (MSWIL) announced its financial results for the second quarter of the fiscal year 2026-27, which ended on September 30, 2026. The company demonstrated strong growth, with quarterly revenue rising 47% year-on-year to ₹4,054 crore.
Key Financial Highlights
The company’s financial performance for the second quarter (Q2 FY27) showed significant improvements compared to the previous year (Q2 FY26). Revenue increased by 47%, reaching ₹4,054 crore from ₹2,762 crore. EBITDA saw a growth of 34%, amounting to ₹374 crore, up from ₹280 crore in the prior year. Profit After Tax (PAT) also grew by 35%, reaching ₹223 crore compared to ₹165 crore in Q2 FY26.
On a quarter-on-quarter basis (Q2 FY27 vs. Q1 FY27), revenue increased by 19% to ₹4,054 crore. EBITDA grew by 45% to ₹374 crore, and PAT saw a substantial rise of 54% to ₹223 crore.
For the first half of the fiscal year (H1 FY27), MSWIL reported a 42% increase in revenue to ₹7,461 crore compared to H1 FY26. EBITDA rose by 21% to ₹632 crore, and PAT increased by 20% to ₹369 crore.
Drivers of Growth
Mr. Vivek Chaand Sehgal, Chairman, Motherson Sumi Wiring India Ltd., attributed the resilient performance to continued customer trust and strong executional capabilities. Growth was bolstered by higher customer volumes, increasing content per vehicle, and participation in new model launches for both EV and ICE platforms. The company also highlighted its focus on operational efficiencies, financial discipline, and navigating elevated commodity costs.
Key highlights for the quarter included a robust ~47% YoY and 19% QoQ growth, premiumization-led higher content per vehicle, timely expansion of Greenfield projects, resilient performance amidst inflationary pressures, and consistent focus on financial prudence.
Source: BSE