UNO Minda Ltd. Results

H1FY25 & Q2FY25 Result Announced for UNO Minda Ltd.

Auto Parts & Equipment company UNO Minda announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Revenue of, 4,245 crore for Q2FY25 as against, 3,621 crore for Q2FY24, registering the growth of 17%. EBITDA for Q2FY25 has been reported as, 482 crore vis-a-vis, 402 crore in Q2FY24, growth of 20%. PAT (UML Share) for the quarter is, 245 crore in Q2FY25 as against, 225 crore in Q2FY24, growth of 9%. H1FY25 Financial Highlights: Revenue of, 8,062 crore as against, 6,714 crore for H1FY24, registering the growth of 20%. EBITDA for H1FY25 has been reported as, 890 crore vis-a-vis, 732 crore in H1FY24, growth of 22%. PAT (UML Share) for the half year is, 444 crore in H1FY25 as against, 398 crore in H1FY24, growth of 12%. Nirmal K Minda, CMD, Uno Minda Group, said: "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, said: "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, robust manufacturing capabilities, and advanced technology solutions solidify our position as a preferred global systems manufacturer."

Q1FY25 Quarterly Result Announced for UNO Minda Ltd.

Auto Parts & Equipment company UNO Minda announced Q1FY25 results: Q1FY25 Consolidated Revenue of Rs 3,818 crore, YoY growth 23 % Q1FY25 Consolidated EBITDA of Rs 408 crore, YoY growth 24 % Q1FY25 Consolidated PAT (Uno Minda share) at Rs 199 crore, YoY growth 15 % The Board approved Capex of Rs 63 crs for setting up Sunroof manufacturing facility at Bawal Nirmal K Minda, CMD, Uno Minda Group says: Our journey towards becoming a global automotive technology leader continues to gain momentum as we deliver yet another quarter of robust performance, reinforced by our commitment towards innovation and customer satisfaction. Our focus on strengthening and enriching our product portfolio around PACE megatrends aligns with the Atmanirbhar Bharat initiative, propelling us to a leadership position in the automotive sector. We remain optimistic about the future of automotive and committed to delivering superior value to our stakeholders. Sunil Bohra, CFO, Uno Minda Group says: Our Company has reported its highest-ever quarterly revenue, driven by robust growth across its product lines. Our company's strategic focus on incorporating emerging technologies and solutions into its portfolio has been instrumental in driving this exceptional performance. Committed to delivering sustainable value to shareholders, we are at the forefront of shaping India's automotive landscape toward a future characterized by innovation, personalization, connectivity, and environmental sustainability.

Q4FY24 Quarterly & FY24 Annual Result Announced for UNO Minda Ltd.

Auto Parts & Equipment company UNO Minda announced Q4FY24 & FY24 results: Q4FY24 Consolidated Revenue of Rs 3,794 crore, YoY growth 31% Q4FY24 Consolidated PAT (Uno Minda share excluding exceptional income) at Rs 269 crore, YoY growth 47% FY24 Consolidated Revenue of Rs 14,031 crore, YoY growth 25% FY 24 PAT (Uno Minda share excluding exception income) of Rs 860 crore, YoY growth 32% The board recommended Final dividend of Rs 1.35 per share, YoY increase 35%, overall dividend of Rs 2.0 per share Approved expansion of 2W Alloy wheel plant at Supa by another 2.0 million wheel with capex of Rs 300 crore Nirmal K Minda, CMD, Uno Minda Group says; "Auto Industry continue to register robust growth with preference to better features for safety, comfort and cleaner mobility. Along with passenger vehicle, two-wheeler segment also joined the growth trajectory in current quarter. Uno Minda with its diversified product portfolio across the vehicle legment along with strong focus on ·emerging automotive technology leads the industry with strong operating and financial performance. " Sunil Bohra, CFO, Uno Minda Group says, "This industry-leading performance echoes the resounding success of our strategic initiatives. With meticulous capacity expansion, strategic market share acquisition, and pioneering technological advancements, we've seamlessly transitioned into a comprehensive system provider. Buoyed by upcoming expansions, positive industry trends, and escalating consumer demand for cutting-edge features, we brim with optimism for continued, sustainable growth."

Q3FY24 Quarterly & 9MFY24 Result Announced for UNO Minda Ltd.

Auto Parts & Equipment company UNO Minda announced Q3FY24 & 9MFY24 results: Consolidated Q3FY24: - Consolidated Revenue Growth: Uno Minda reported a consolidated revenue of Rs 3,523 crore for Q3FY24, marking a notable year-over-year (YoY) growth of 21% from Rs 2,915 crore in Q3FY23. - EBITDA: The EBITDA for Q3FY24 was Rs 380 crore, up by 12% compared to Rs 338 crore in Q3FY23. - Profit Before Tax (PBT): PBT for Q3FY24 stood at Rs 226 crore, a 5% increase from the Rs 215 crore reported in Q3FY23. - Profit After Tax (PAT): The company's PAT attributable to Uno Minda for Q3FY24 was Rs 193 crore, which represents a 19% rise from Rs 162 crore in Q3FY23. Consolidated 9MFY24: - Revenue Growth: For 9MFY24, consolidated revenues reached Rs 10,237 crore, showing a 23% growth YoY. - EBITDA: The 9MFY24 EBITDA was Rs 1,111 crore, a 20% increase from the previous year. - PAT Growth: PAT for 9MFY24 attributable to Uno Minda was Rs 591 crore, a significant rise of 26% YoY. Dividend Declaration: - The board has declared an interim dividend of Rs 0.65 per share, which is 32.5% of the face value. Nirmal K Minda, CMD of Uno Minda Group: "The Company has delivered yet another quarter of stellar growth solidifying our commitment to innovation and customer needs. By relentlessly focusing on cutting-edge technologies and deeply understanding the ever-evolving landscape of OEMs and customers, we have secured a competitive edge. We see immense potential in localization, not just to diversify our product portfolio, but also to actively contribute to the 'Atmanirbhar Bharat' initiative." Sunil Bohra, CFO of Uno Minda Group: "Our company achieved remarkable financial performance in the last quarter, with a robust 21% year-on-year revenue growth. This success is attributed to our multi-pronged strategy focused on capacity and capability expansion, market share growth, offering smart products/solutions and the transition to a system provider model. Looking ahead, the commencement and ramp-up of multiple new expansions, coupled with positive industry volume guidance and rising consumer demand for advanced features, bolster our confidence in maintaining this strong momentum."