Uno Minda reports 17% revenue growth to INR 4,245 cr in Q2 FY25

Uno Minda Limited, a prominent player in the automotive components sector, has reported impressive financial results for the second quarter (Q2) of fiscal year 2025, showcasing substantial year-on-year growth across key metrics. The company's strong performance was driven by robust demand across multiple product segments, including lighting, switches, casting, sensors, and controllers. Uno Minda’s revenue growth outpaced the industry's rate, reinforcing its strong market position.

Q2 FY25 performance

For the second quarter of fiscal year 2025, Uno Minda recorded consolidated revenue of INR 4,245 crore, a significant increase from INR 3,621 crore in the same period of the previous fiscal year. This represents a growth rate of 17%. The company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) for Q2 FY25 reached INR 482 crore, compared to INR 402 crore in Q2 FY24, reflecting a growth of 20%.

Profit after tax (PAT), attributable to Uno Minda Limited shareholders, stood at INR 245 crore in Q2 FY25, marking a 9% increase from INR 225 crore in the corresponding quarter last year.

Nirmal K Minda, CMD of Uno Minda Group, emphasised the company's commitment to sustainable growth and innovation within the automotive market. He highlighted their strategic focus on localisation and technological advancements, which have driven the company’s consistent achievement of significant milestones. Minda expressed confidence in Uno Minda’s position to capitalise on India's emergence as a global automotive hub, leveraging their diverse product portfolio to cater to all vehicle segments. He reaffirmed the company's dedication to investing in cutting-edge technologies to fuel future growth.

“We have delivered yet another strong quarterly performance, with the highest-ever quarterly revenue for the quarter. Our approach towards strengthening customer relationships, forging strategic partnerships, and new alliances with a strategic vision allows us 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,” Minda added.

H1 FY25 performance

Uno Minda's impressive performance extended into the first half (H1) of fiscal year 2025, with revenue reaching INR 8,062 crore, a significant 20% increase from INR 6,714 crore in the first half of fiscal year 2024. EBITDA for H1 FY25 reached INR 890 crore, up 22% from INR 732 crore in H1 FY24. PAT (UML Share) for the first half of fiscal year 2025 stood at INR 444 crore, reflecting a 12% growth compared to INR 398 crores in the same period last year.

Sunil Bohra, CFO of Uno Minda Group, highlighted the company’s exceptional quarterly performance, marked by achieving the highest-ever quarterly revenue. He emphasised their strategic approach centered on strengthening customer relationships, establishing strategic partnerships, and forming new alliances. Bohra reiterated their commitment to research and development, driving innovation and the creation of new products. He underscored how Uno Minda’s diverse product portfolio, robust manufacturing capabilities, and advanced technology solutions solidify their standing as a preferred global systems manufacturer.