Motherson SumiWiring India Limited (MSWIL) announced its financial results for the fiscal year 2026-27, first quarter, which ended on 30th June 2026.
Mr Vivek Chaand Sehgal, Chairman, Motherson Sumi Wiring India Ltd., said, “Our first quarter performance reflects the resilience of the company and the enduring strength of our customer relationships. We continue to outperform industry growth despite ongoing cost headwinds, demonstrating our ability to execute consistently and create value alongside our customers. Our priority remains clear: supporting our customers, helping them succeed in a dynamic environment, and delivering on our commitments. None of this would be possible without our employees, who are our most valuable asset. Their passion, expertise, and unwavering dedication will continue to drive our success.”
KeyHighlights
- MSWIL’s timely expansion into Greenfields projects and successful ramp-up of new customer programs contributed to substantial revenue growth and enhanced customer confidence.
- Higher average copper prices compared with the prior year and significant minimum wage revisions in multiple states impacted profitability.
- Constructive discussions continue with our customers to recover cost increases and maintain business momentum.
Financial Performance
