- Consolidated revenues up by 18%, EBITDA by 19% and PBT by 27%. Reported PAT grew by 125%, after providing for exceptional expenses of Rs.46 crores . SMR and SMP report improved performance
- Standalone revenues up by 13%, EBITDA up by 9% and Reported PAT grew by 36%.
- The net consolidated debt at Rs. 4,195 crore , marginally up by Rs. 261 crores compared to 31st March 2014. The company acquired minority shareholding in SMP (16.28%) and SMR (4.82%). Consequent upon this MSSL shareholding together with SMIL increased to 100% and 98.45% respectively
- Shareholding of SMR reorganized under Samvardhana Motherson Automotive Systems Group B.V. Netherlands (earlier known as Samvardhana Motherson BV — now known as SMRP BV) is group holding company for both SMR and SMP. SMRP BV is subsidiary of MSSL and is joint venture with SMIL.
Commenting on company’s performance, Mr. V.C. Sehgal, Chairman, Motherson Sumi Systems Limited said, “The company continues to deliver exceptional performance both in terms of revenues & profitability. We thank all our customers and other stakeholders for their continued trust and confidence.”
