Gurugram – November 12th, 2024 – Uno Minda Limited (‘Uno Minda’) has announced its results for the quarter ended September 30th, 2024. At a consolidated level, the company reported a strong revenue growth with revenue of ₹ 4,245 crores for Q2 FY 25 as against ₹ 3,621 crores for Q2 FY 24, registering a growth of 17%. Growth was driven by multiple segments led by Lighting, Switches, Casting, Sensors and Controllers. The Company continues to outperform the industry with revenue growth of 17% vis-à-vis industry volume growth of 9%.
The EBITDA for Q2 FY25 has been reported as ₹ 482 crores vis-à-vis ₹ 402 crores in Q2 FY24, a growth of 20%. PAT (UML Share) for the quarter is ₹ 245 crores in Q2 FY25 as against ₹ 225 crores in Q2 FY24, a growth of 9%.
For the Half-year ended September 30th, 2024, the company reported a revenue of ₹ 8,062 crores as against ₹ 6,714 crores for H1 FY 24, registering a growth of 20%. The EBITDA for H1 FY 25 has been reported as ₹ 890 crores vis-à-vis ₹ 732 crores in H1 FY 24, a growth of 22%. PAT (UML Share) for the half year is ₹ 444 crores in H1 FY25 as against ₹ 398 crores in H1 FY24, a growth of 12%.
Mr. Nirmal K Minda, CMD, Uno Minda Group says;
“We are committed to drive sustainable growth and innovation in the automobile market with a greater focus on localisation and technology advancement. Our focused approach has yielded significant results with company achieving new milestone every quarter. As India emerges as a global automotive hub, we are well-positioned to capitalize on this growth with our diversified portfolio catering all vehicle segments. We remain committed to investing in cutting-edge technologies to drive future growth.”
Sunil Bohra, CFO, Uno Minda Group says;
“We have delivered yet another strong quarterly performance, with highest-ever quarterly revenue for the quarter. Our approach towards strengthening customer relationships, forging strategic partnerships and new alliances with a strategic vision; we aim to capture greater market opportunities, cater to the automotive industry, and deliver long-term value. Our commitment to R&D fuels innovation and the development of new products. Our diverse product portfolio, robustmanufacturing capabilities, and advanced technology solutions solidify our position as a preferred global systems manufacturer.”