(Adds detail, quotes)
MUMBAI, June 2 (Reuters) - Auto parts maker Motherson Sumi Systems Ltd on Monday posted a 41 percent rise in consolidated fourth quarter profit, helped by strong domestic sales and rising exports.
"There was strong growth in the domestic market as our customers have done very well in the quarter", Chief Financial Officer GN Gauba said.
Domestic sales grew by 28.6 percent for Jan-March, while exports grew 23.7 percent, he said.
The ...
Sign in to access
this Article
"Motherson Sumi Jan-March net up 41 pct, beats forecast" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. To obtain Premium status, please contact us.
Why Become a Premium Subscriber?
WardsAuto.com Premium subscribers have access to the full breadth of Ward’s articles, news, analysis and features as well as all the Ward’s data and statistics as soon as they are available in Excel spreadsheet format. Learn more about the benefits of Premium access here.

