Automobile components major Motherson Sumi Systems Ltd on Tuesday reported a 68.4 percent decline in consolidated net profit to Rs 135.66 crore for the fourth quarter ended March 31, mainly affected by the coronavirus pandemic.
Motherson Sumi's Q4 earnings beat expectations. The debt slipped to its lowest levels in a decade. To discuss the results, Vivek Chaand Sehgal, chairman of the company was in conversation with CNBC-TV18.