EL7.AI
StocksMedium•2 November 2026•
3 min read

Motherson Sumi revenue jumps 46.7% to 40.54 billion rupees in second quarter

Key Facts

1Operating revenue rose 46.7% to 40.54 billion rupees, compared with 27.62 billion rupees a year earlier.
2Raw material costs rose 55.4% to 29.05 billion rupees during the quarter.
3Total expenses reached 37.56 billion rupees, up 48%, with the cost of materials consumed accounting for 77% of the total.
4EBITDA rose about 34% to 374 crore rupees, while the margin fell to 9.2% from 10.1%.
5Indian industrial production grew 6.7% in September, after 7.8% in August following the revision.

Motherson Sumi Wiring India’s operating revenue rose 46.7% year on year to 40.54 billion rupees in the September 2026 quarter, compared with 27.62 billion rupees in the same period a year earlier, according to Reuters via MarketScreener. Reuters attributed the improved results to strong demand for auto parts. This coincided with automakers expanding production in India, supporting orders to component suppliers. But the available figures do not establish the share-price increase cited in the first draft or document that results exceeded analysts’ expectations. The confirmed picture therefore centers on revenue growth and the pressure costs put on margins.

Chairman Vivek Chaand Sehgal said business growth benefited from higher customer volumes and an increase in the number of components the company supplies per vehicle. He added that the company had participated in the launch of new models on electric vehicle and internal combustion engine platforms. This suggests that business growth combined increased customer demand with a broader range of the company’s components in each vehicle. The company also linked its business expansion to the launch of new models across two types of vehicle platforms. These factors come as Indian automakers were expanding production capacity, supporting orders to their suppliers.

Revenue growth was accompanied by a sharp rise in input costs. Raw material costs, which include copper, rose 55.4% to 29.05 billion rupees in the quarter ended September 2026, according to Reuters via MarketScreener. Total expenses reached 37.56 billion rupees, up 48% year on year, according to Moneycontrol. The cost of materials consumed was the main driver of expenses, rising 55% year on year to 2,905 crore rupees and accounting for 77% of the total. The figures highlight how business and revenue expansion came with faster increases in some material costs.

Cost pressures weighed on operating profitability margins despite an increase in earnings before interest, tax, depreciation and amortization. The measure rose about 34% year on year to 374 crore rupees in the September quarter, according to Moneycontrol. Meanwhile, the EBITDA margin fell to 9.2% from 10.1% in the same quarter a year earlier. The figures show the value of operating earnings increasing even as their share of revenue declined. This puts business growth and raw material costs at the center of the quarter’s results.

At the sector level, India’s industrial production index grew 6.7% year on year in September 2026, after growth of 7.8% in August following a downward revision, according to India’s public broadcaster. September data were released on October 28, showing a slowdown in industrial activity month on month compared with the August reading. These figures provide context for India’s industrial activity during the period, but measure industrial production and do not directly represent the company’s results or performance. Reuters, meanwhile, said expanding output by Indian automakers supported demand for auto parts. The sector data thus place the company’s results in a growing industrial environment, with overall growth slowing from the previous month.