Motherson Posts 25.5 Percent Revenue Growth in Q3 FY26, Maintains Debt-Free Status

New Delhi, January 30, 2026
Motherson reported a strong operating performance in the third quarter of FY26, led by healthy revenue growth and stable profitability, while continuing to operate with a debt-free balance sheet.

Q3 FY26 Performance Snapshot (Q3 vs Q3)​

Reported Financials​

Ex-Greenfields Financials​

The company delivered broad-based growth across revenue and operating profit. Ex-Greenfields profitability remained stable, with higher copper prices impacting margins temporarily due to timing gaps in customer settlements.

Nine-Month Performance (9M vs 9M)​

Reported Financials​

Ex-Greenfields Financials​

Over the first nine months of FY26, Motherson maintained consistent revenue momentum, with Ex-Greenfields EBITDA and profit growth outpacing reported numbers, reflecting improved operational efficiency.

Operating and Business Highlights​

During the quarter, the company recorded improved performance from its Greenfields units, contributing positively to overall results. EBITDA growth trailed revenue growth primarily due to elevated copper prices, though underlying profitability trends remained stable.
Motherson continued to maintain a debt-free status, reinforcing balance sheet strength. The company’s electric vehicle-linked revenue accounted for 5.8 percent of total revenue in Q3 FY26, indicating a gradual increase in exposure to EV programs.

Source: