Motherson Sumi Systems posts 21 percent rise in Q2 profit
Auto parts maker Motherson Sumi Systems Ltd
Net profit for the three months ending Sept. 30 rose to 4.36 billion rupees from 3.61 billion rupees a year earlier, the company said in a filing on Friday. http://bit.ly/2hnhol1
Net sales outside India rose nearly 36 percent to 115.66 billion rupees.
Analysts on average had expected the company to post a profit of 5.04 billion rupees, according to Thomson Reuters data.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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