HomeNewsBusinessEarningsMotherson Sumi to deliver 40% ROCE as promised
Trending Topics
Reliance Q2 Results Live
Tata Technologies Q2 Results
JSW Steel Q2 Results
Central Bank Q2 Results
Nestle India Q2 Results

Motherson Sumi to deliver 40% ROCE as promised

As Motherson Sumi's biggest customer Maruti is coming out of trouble, Vice Chairman Vivek Chaand Sehgal said that the company will deliver 40% return on capital employed (ROCE) as promised. Morover, he indicated that the car sales in Europe were not impacted by the prevailing uncertainties.

November 08, 2011 / 15:11 IST
Story continues below Advertisement
Remove Ad

Your browser doesn't support HTML5 video.

During the second quarter FY12, Motherson Sumi's revenue was up 19.4% at Rs 2,338 crore versus Rs 1,957 crore (YoY) and profit after tax (PAT) was down 72% at Rs 24.2 crore versus Rs 85.9 crore (YoY). The company

TAGS: #Brazilian plant #car sales #euro zone #Europe #European economy #Hungarian plant #maruti #Motherson Sumi #operating profit margin #OPM #PAT #Peguform #profit after tax #Results Boardroom #return on capital employed (RoCE #Samvardhana Motherson Reflectec #SMR #Vice Chairman Vivek Chaand Sehgal
first published: Nov 8, 2011 12:22 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Follow Us On:
News
Business New Market New Stocks Income Tax Calculator Election Schedule 2024 India News Economy Mutual Funds Personal Finance IPO News Startups New USA Elections New
Features
Gold Rate Today Silver Rate Today Trending News Startups New National News MC Videos MC You Tube
Tools
SIP Calculator 2 SIP Calculator 3 SIP Calculator 1 New SIP Calculator 4
Specials
PowerYourTrade Master Your Money Game Changers
Network 18 Sites
News18 Firstpost CNN News18 CNBC TV18 Forbes History TV18
Personal Finance
Home Loans up to 50 Lakhs Credit Cards Lifetime Free Finance Tracker Fixed Deposits Fixed Deposit Comparison Fixed Income Account Aggregator
Quick Links
About Us New Contact Us Advisory Alert New Advertise with Us New Disclaimer Privacy Policy Cookie Policy Terms & Conditions Careers Financial Terms (Glossary) Analytical & Information Tool New
Download MC Apps:

Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.