Motherson Sumi Wiring India Limited Reports Strong Q1 FY26 Results
Mumbai: Motherson Sumi Wiring India Limited (MSWIL) has announced its financial results for the first quarter of fiscal year 2025-26, which ended on June 30, 2025. The company reported a revenue of Rs. 2,338 crores, showcasing a robust 14% year-on-year growth, significantly outpacing the industry’s 3% expansion. This strong growth reflects the company’s competitiveness and its ability to secure key positions in new model launches.
The company’s financial performance is notable, with profitability excluding Greenfield projects remaining stable. The ramp-up of these projects is expected to further enhance profitability in the coming quarters. One of the Greenfield projects started production in Q1 and is expected to ramp up further, contributing to the company’s growth. MSWIL continues to maintain its debt-free status, a testament to its strong financial management.
Vivek Chaand Sehgal, Chairman of Motherson Sumi Wiring India Ltd., expressed satisfaction with the company’s performance, saying, “The company has delivered a robust year-on-year revenue growth, significantly outpacing the industry’s expansion. Our commitment to operational excellence and customer partnership positions us well for sustained growth and value creation in the coming quarters.”
The company’s presence in the electric vehicle (EV) segment is growing, with EV share of revenue standing at 5.4% for Q1 FY26. This indicates MSWIL’s ability to adapt to changing market trends and capitalize on emerging opportunities. Despite challenges in one of its Greenfield projects, the company remains optimistic about its future prospects and is well-positioned for sustained growth.
