Motherson Sumi Systems Ltd Q4FY21 consolidated PAT at Rs. 713.62 crores

MOTHERSON SUMI SYSTEMS LTD. has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.17033.46 crores during the period ended March 31, 2021 as compared to Rs.17157.63 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.713.62 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.798.38 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.2.26 for the period ended March 31, 2021 as compared to Rs.2.53 for the period ended December 31, 2020.

Financials	Q4 FY20-21	Q3 FY20-21	% Change
Total Income	₹ 17033.46 crs	₹ 17157.63 crs	-0.72%
Net Profit	₹ 713.62 crs	₹ 798.38 crs	-10.62%
EPS	₹ 2.26	₹ 2.53	-10.67%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.17033.46 crores during the period ended March 31, 2021 as compared to Rs.14454.24 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.713.62 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.183.38 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.2.26 for the period ended March 31, 2021 as compared to Rs.0.59 for the period ended March 31, 2020.

Financials	Q4 FY20-21	Q4 FY19-20	% Change
Total Income	₹ 17033.46 crs	₹ 14454.24 crs	17.84%
Net Profit	₹ 713.62 crs	₹ 183.38 crs	289.15%
EPS	₹ 2.26	₹ 0.59	283.05%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.57599.24 crores during the 12 months period ended March 31, 2021 as compared to Rs.60953.54 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.1039.13 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.1170.04 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.3.29 for the 12 months period ended March 31, 2021 as compared to Rs.3.71 for the 12 months period ended March 31, 2020.

Financials	Year Ended FY20-21	Year Ended FY19-20	% Change
Total Income	₹ 57599.24 crs	₹ 60953.54 crs	-5.5%
Net Profit	₹ 1039.13 crs	₹ 1170.04 crs	-11.19%
EPS	₹ 3.29	₹3.71	-11.32%

Commenting on results, Mr Vivek Chaand Sehgal, Chairman, Motherson Sumi Systems Ltd said, "It is with great sorrow that we pay tribute to all employees and their family members who have lost their lives due to COVID-19. We mourn the loss of Mr. S C Tripathi, our independent director and chairman of the audit committee, who recently passed away due to the pandemic. We as a Motherson family are united in the testing times and are fully committed to ensure safety of all our employees.

We appreciate the overwhelming support from shareholders with regards to the group re-organisation. It reinforces our belief in the merits of the reorganisation scheme. The Q4 and FY21 results are reflection of the tremendous hard work that our teams have put in globally despite multiple challenges and sets the tone for us to achieve our stated Vision 2025 targets."

Shares of MOTHERSON SUMI SYSTEMS LTD. was last trading in BSE at Rs.237.4 as compared to the previous close of Rs. 240.15. The total number of shares traded during the day was 416911 in over 5999 trades.

The stock hit an intraday high of Rs. 242.05 and intraday low of 235.25. The net turnover during the day was Rs. 99261844.

Source : Equity Bulls

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