UNO Minda Reports Steady Q3 Growth, Announces New Maharashtra Facility

UNO Minda Ltd, a leading player in the automotive components industry, has delivered robust financial results for the December quarter. The company’s consolidated revenue from operations stood at ₹50.18 billion, while net profit reached ₹2.77 billion, reflecting resilience amid evolving market conditions.

In a strategic move to strengthen its manufacturing footprint, UNO Minda has approved the establishment of a new facility in Maharashtra with a fresh capex of ₹7.64 billion. This expansion highlights the company’s commitment to innovation, capacity building, and catering to rising demand in India’s automotive sector.

Key Highlights

• Revenue Performance: Consolidated revenue from operations at ₹50.18 billion.
• Profit Growth: Net profit for the quarter at ₹2.77 billion.
• Strategic Expansion: Approval of new manufacturing facility in Maharashtra.
• Investment Commitment: Fresh capital expenditure of ₹7.64 billion.
• Sector Outlook: Reinforces UNO Minda’s role in driving India’s auto component growth story.

With strong financials and expansion plans, UNO Minda continues to position itself as a key growth driver in India’s automotive ecosystem.

Sources: Company announcement, Reuters, Business Standard