Motherson Sumi Wiring Q3 Results: Revenue up 26%, EBITDA rises as greenfield units improve

Motherson Sumi Wiring India Ltd posted a steady operating performance in the third quarter, led by strong topline growth and improved contribution from its greenfield facilities, while margins came under

pressure year-on-year.

The company’s net profit rose 6.8% year-on-year to ₹150 crore, compared with ₹140 crore in the same quarter last year. Revenue climbed sharply by 25.5% to ₹2,887 crore from ₹2,300 crore a year ago, reflecting healthy demand from automotive customers.

EBITDA increased 10.3% year-on-year to ₹262.5 crore from ₹237.9 crore. However, operating margin softened to about 9% compared with over 10% in the year-ago period, primarily due to higher copper prices and a timing gap in customer settlements. The company said underlying profitability of its non-greenfield units remained stable after adjusting for this impact.

Performance at greenfield units improved during the quarter, aiding overall profitability. Motherson Sumi Wiring also continued to maintain a debt-free balance sheet. Revenue from electric vehicle programmes accounted for 5.8% of total revenue in Q3 FY26, reflecting gradual traction in the EV segment.

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Commenting on the results, Chairman Vivek Chaand Sehgal said the quarter’s performance reflected customer trust and improving operational efficiencies across plants, alongside better contributions from greenfield facilities.

Ahead of the earnings announcement, shares of Motherson Sumi Wiring India Ltd closed at ₹43.05 on the NSE, up 2.14%.