MSUMI Motherson Sumi Wiring India Q2 FY26 results (Jul–Sep 2025) and concall
Motherson Sumi Wiring India Limited (MSWIL) delivered a record revenue performance in Q2 FY26, driven by strong content per vehicle and the ramp-up of new Greenfield facilities. While overall margins are currently weighed down by startup costs and lower utilization at new plants (36%), the core business maintains healthy profitability. Management remains focused on the EV transition and premiumization, though they maintain a cautious stance on the exact timeline for Greenfield plants to reach optimal 70-80% utilization levels.
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What they filed
Q2 FY26: revenue up 18.7%, net profit up 8.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 2,326 | 2,300 | 2,510 | 2,494 | 2,762 +19% |
| EBITDA | 250 | 238 | 271 | 244 | 280 +12% |
| Net profit | 152 | 140 | 165 | 143 | 165 +9% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.




