MSWIL reports a 35% year-on-year rise in net profit to Rs 223 crore, driven by higher customer volumes, premiumisation and new EV and ICE model wins.
Motherson Sumi Wiring India Limited (MSWIL) has reported a 47% year-on-year increase in revenue from operations to Rs 4,054 crore in the second quarter of FY2026-27, compared to Rs 2,762 crore in the same period last year. The company’s net profit also grew 35% to Rs 223 crore, while EBITDA increased 34% to Rs 374 crore.
The financial results for the quarter ended September 30, 2026, were approved by the company’s Board of Directors on October 30, 2026. The performance was supported by higher customer volumes, increasing content per vehicle and the company’s participation in new model launches across electric vehicle (EV) and internal combustion engine (ICE) platforms.
On a sequential basis, revenue increased 19% from Rs 3,407 crore in Q1 FY2027. EBITDA grew 45% from Rs 258 crore, while net profit rose 54% from Rs 145 crore in the preceding quarter.
Premiumisation And New Model Wins Support Growth
MSWIL identified premiumisation-led growth, higher content per vehicle and new EV and ICE model wins as key contributors to its performance during the quarter.
The company also highlighted the timely expansion and ramp-up of its Greenfield projects, which helped it cater to higher customer volumes. Its business growth reflects increasing content requirements in vehicles and its participation in new model launches.
Commenting on the results, Vivek Chaand Sehgal, Chairman of Motherson Sumi Wiring India, said the company’s performance reflected continued customer trust and its execution capabilities. He added that the business was focusing on operational efficiencies and financial discipline while navigating elevated commodity costs.
H1 FY2027 Revenue Rises 42%
For the first half of FY2026-27, MSWIL recorded revenue from operations of Rs 7,461 crore, up 42% from Rs 5,256 crore in the corresponding period of the previous financial year.
EBITDA increased 21% to Rs 632 crore, compared to Rs 524 crore in H1 FY2026. Net profit rose 20% to Rs 369 crore from Rs 308 crore, while profit before tax increased to Rs 495 crore from Rs 411 crore.
The company’s EBITDA margin stood at 9.2% in Q2 FY2027, compared to 10.1% in Q2 FY2026. For the first half, the margin was 8.5%, against 10% in the year-ago period.
EV-related business accounted for 10% of MSWIL’s revenue in Q2 FY2027 and 9.3% during the first half of the financial year.
Higher Copper Prices Remain A Cost Challenge
The company continued to face cost pressures from rising commodity prices, particularly copper. Its investo
