Motherson Sumi Wiring India Ltd. reported a nearly three-fold jump in quarterly profit on Tuesday on the back of a recovery in the automotive industry and operating efficiencies. The company's profit rose to 1.38 billion rupees ($16.9 million) in the fourth quarter ended March 31, from 464.2 million rupees, a year earlier. Japan's Sumitomo Wiring Systems holds a 25% stake in the company, which makes wiring harnesses and other