'
Motherson Sumi Wiring India hosted a conference call on Nov 8, 2024. In the conference call,
the company was represented by: Mr. Vivek Chaand Sehgal, Chairman, Mr. Laksh
Vaaman Sehgal, Director and Mr. Mahender Chhabra, CFO.
Key takeaways of the call
In Q2 FY25, the
company reported revenue growth of 10.3% YoY surpassing industry growth mainly
led by higher content.
The company is expanding its capacities to execute new
customer orders with two Greenfields. Additional costs are being incurred due to
the ramp-up phase in one plant.
The new facility in Kharkhauda is expected to come on stream
in Q1 FY26.
The
company is actively exploring new opportunities within the evolving automotive
landscape across all powertrains.
In
Q2 FY25, EVs contributed 4.1% to total revenue.
The
company is focused on enha...
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