Motherson Sumi Wiring India's Q2 revenue jumps 19%, outpaces industry growth

Motherson Sumi Wiring India Limited (MSWIL) announced robust Q2 FY26 revenues of INR 2,762 crores, a 19% year-over-year increase, significantly outpacing the industry's 4% growth. Profit after tax (PAT) for the quarter grew by 9% to INR 165 crores. For the half year, revenue reached INR 5,256 crores, a 17% increase, with PAT at INR 308 crores, up 2% from H1 FY25.

The company's strategic focus on new model launches and premiumization contributed to its strong performance. One of three Greenfield projects has commenced production as per schedule, with ramp-up expected in upcoming quarters to drive future growth. Notably, MSWIL maintains a debt-free status, and its EV share of revenue for Q2 FY26 stood at 6.7%.

MSWIL also informed exchanges of the approval of un-audited financial results and the issuance of bonus shares in a 1:2 proportion on July 21, 2025, increasing the paid-up share capital to INR 6,631,661,898. The basic and diluted earnings per share have been adjusted to reflect this bonus issue.