Gurugram – 6th February 2025 – Uno Minda limited (‘Uno Minda’) has announced its results for quarter ended December 31st, 2024. At a consolidated level, the company reported a strong revenue of ₹ 4,184 cr. for Q3 FY 25 as against ₹ 3,523 cr. for Q3 FY 24, registering the growth of 19%. Growth was driven by multiple businesses, notably- by Lighting, Switches, Casting, EV products, Sensors and Controllers. The Company continues to outperform the industry with revenue growth of 19% vis-à-vis industry volume growth of 7%.
The EBITDA for Q3 FY25 has been reported as ₹ 457 cr. vis-à-vis ₹ 380 cr. in Q3 FY24, growth of 20%. PAT (UML Share) for the quarter is ₹ 233 cr.in Q3 FY25 as against ₹ 193 cr. in Q3 FY24, growth of 21%.
For nine months ended December 31st, 2024, the company reported a revenue of ₹ 12,246 cr. as against ₹ 10,237 cr. for first nine months of FY 24, registering the growth of 20%. The EBITDA for 9M FY 25 has been reported as ₹ 1,347 cr. vis-à-vis ₹ 1,111 cr. in 9M FY 24, growth of 21%. PAT (UML Share) for the nine months is ₹ 677 cr. in 9M FY25 as against ₹ 588 cr. in 9M FY24, growth of 15%.
The Board of Directors has also approved capital expenditure of ₹ 72 cr. for expansion of manufacturing facility of its Aluminium die casting business at Hosur. This will enhance the capacity from 11k MT p.a. to 15k MT p.a to meet the growing demand and business nominations. The enhanced capacity is expected to commence in a phased manner starting from Q4 FY 26.
Mr. Nirmal K Minda, CMD, Uno Minda Group said, “The Indian automotive industry is on a path of rapid evolution, driven by innovation, sustainability, and a favourable economic environment. We saw the glimpses this evolution at the recently concluded Auto Expo Component Show 2025 where Uno Minda showcased splendid display of products aligned with PACE megatrend. We continue to work on ground breaking technologies, facilitating localisation contributing to make in India. With these strategies, we are confident of continued success and help shaping the future of mobility.”
Mr. Sunil Bohra, Group CFO, Uno Minda Group said, “We continued our outperformance during Q3FY25 with growth of 19% in consolidated revenues and 21% growth in PAT (UML Share). Our strategic focus on innovation, diversification, and operational efficiency continues to drive our upward trajectory, solidifying our position as a market leader in the automotive components sector. These initiatives position us for sustainable revenue growth and, most importantly, the creation of long-term value for our stakeholders.”