Motherson Sumi Wiring share price will trade ex-date on March 28, 2025, meaning that the shareholders registered in the company’s books will be eligible for the ₹0.50 interim dividend.
Ex-Date | Dividend Type | Dividend Amount (₹) |
Aug 14, 2024 | Final | 0.80 |
Aug 09, 2023 | Final | 0.65 |
Aug 12, 2022 | Final | 0.85 |
The company experienced a 9% revenue growth, surpassing the industry’s volume growth by approximately 6% on a year-over-year basis, primarily due to a favorable product and content mix. Currently, three Greenfield plants are under construction for new programs (EV/ICE), each at different stages of completion and ramp-up, with certain costs being expensed upfront. These plants are expected to be fully operational in the coming quarters. Excluding the expansions, the business maintained strong profitability. Additionally, productive discussions with customers are ongoing to share some of the associated expansion costs. MSWIL continues to remain a debt-free company.
Mr. Vivek Chaand Sehgal, Chairman of Motherson Sumi Wiring India Ltd., said, “These results are a testament to the resilience and dedication of our team, particularly given the upfront costs associated with establishing our greenfield plants. These investments support upcoming EV and ICE programs, reflecting our strategic vision for the future and our commitment to our customers. Despite these investments, our profitability remains strong, and we continue to uphold our status as a debt-free company. I would like to thank our employees for their hard work and our customers and other stakeholders for their continuous and unwavering support.”
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 28, 2025, 9:08 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates