Uno Minda Reports 17 Percent YoY Revenue Growth to INR 4,245 Crore in Q2 FY25
Uno Minda’s Q2 FY25 results show a 17 percent YoY revenue growth to INR 4,245 crore, with EBITDA rising 20 percent to INR 482 crore. PAT grew 9 percent to INR 245 crore. The company’s performance reflects strong growth across key automotive segments.
November 13, 2024. By EI News Network
The company’s EBITDA for the quarter surged 20 percent to INR 482 crore, the highest ever for a quarter, compared to INR 402 crore in the same period last year. Profit After Tax (PAT) attributable to Uno Minda's share stood at INR 245 crore, reflecting a 9 percent YoY increase from INR 225 crore in Q2 FY24.
The company’s strong performance was driven by growth across multiple segments, including Lighting, Switches, Casting, Sensors, and Controllers. With a growth rate of 17 percent, Uno Minda outpaced the industry’s average volume growth of 9 percent..
For the half-year period ending September 30, 2024, the company posted a 20 percent increase in revenue to INR 8,062 crore, up from INR 6,714 crore in H1 FY24. The EBITDA for H1 FY25 grew by 22 percent to INR 890 crore, while PAT increased 12 percent to INR 444 crore.
Nirmal K Minda, CMD, Uno Minda Group, highlighted the company’s commitment to sustainable growth, localisation, and technology advancement as key factors in its continued success. While, Sunil Bohra, CFO, emphasised the importance of strategic partnerships and R&D investment in maintaining the company’s competitive edge.
Uno Minda operates 74 manufacturing facilities globally and is a key player in various automotive component categories. The company remains focused on innovation and technology as its core pillars.
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