Bigger Players Across Market Seeing De-Growth: Vivek Chaand Sehgal, Motherson Sumi
  • WebDesk BTVI
  • Aug 13 2019

Auto component manufacturer Motherson Sumi Systems posted weak June quarter numbers, with consolidated profit down 25.2 per cent year-on-year at Rs 331.6 crore, revenue up 13.7 per cent at Rs 16,557 crore and EBITDA margin at 5.7 per cent vs 7.7 per cent. Speaking to BTVI, the firm's Chairman Vivek Chaand Sehgal, said bigger players across the market seeing de-growth. Here's more.