Uno Minda Ltd Reports Impressive Quarterly Growth

Auto components manufacturer Uno Minda Ltd recorded an 11% increase in consolidated profit after tax, reaching Rs 266.1 crore in Q3. This growth was primarily driven by lighting, switches, casting, sensors, and controllers despite industry challenges. Revenue surged 18% while EBITDA grew by 20% compared to last year.

Auto components manufacturer Uno Minda Ltd has reported an impressive 11 percent increase in its consolidated profit after tax, registering a total of Rs 266.1 crore in the third quarter. This gain surpasses the company's previous net profit of Rs 237.16 crore recorded in the same period last year, as revealed on Tuesday.

The company's revenue from operations saw an 18 percent rise, reaching Rs 4,244.79 crore during the previous quarter, up from Rs 3,621.30 crore in the corresponding quarter of FY24. The growth was driven by several segments, including lighting, switches, casting, sensors, and controllers, according to Uno Minda.

Furthermore, the impressive results included a 20 percent rise in earnings before interest, taxes, depreciation, and amortisation (EBITDA), now standing at Rs 482 crore compared to Rs 402 crore from the previous year. The Chief Financial Officer, Sunil Bohra, emphasized the group's commitment to capturing greater market opportunities by strengthening customer relationships and forging strategic partnerships.

(With inputs from agencies.)