29
Jul
Remains debt-free while pursuing strategic expansion; EV segment contributes 5.4% to Q1 revenue #MSWIL #Q1Results #AutomobileIndustry #EVGrowth #GreenfieldExpansion #DebtFreeCompany #WiringHarness #AutoComponents #OEMs #MothersonGroup #ElectricVehicles #FinancialPerformance Chandigarh – Motherson Sumi Wiring India Limited (MSWIL), a leading wiring harness manufacturer for the automotive sector, today announced its financial results for the first quarter of fiscal year 2025–26, ending June 30, 2025. The company reported consolidated revenues of ₹2,338 crore, marking a robust 14% year-on-year (YoY) growth, significantly outpacing the domestic auto industry’s growth rate of 3% during the same period. Despite macroeconomic headwinds and evolving market dynamics, MSWIL continues to maintain its debt-free…