Uno Minda Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported ₹392.58 crores in net profit for the six-month period. Alongside the financial update, Uno Minda has also approved key changes in its senior management. Mr. Nitesh Minda will transition to the role of Chief Executive Officer (Designate) – SCS Domain, and Mr. Kartikeya Joshi has been elevated to Chief Marketing Officer. Mr. Amit Jain will take on the new role of Group Chief Growth and Technology Officer.
Financial Performance Update
Uno Minda Limited has released its unaudited financial results for the quarter and six months ended September 30, 2026. The company reported a net profit attributable to owners of ₹419.72 crores for the quarter and ₹392.58 crores for the six-month period. Total income for the quarter stood at ₹5,013.36 crores, and for the six months, it was ₹9,120.08 crores. The standalone financial results reflect continued operational performance and financial stability.
Strategic Expansion in Sunroof Division
The Board has approved an additional capital investment of approximately ₹85.00 crore for expanding its Sunroof manufacturing capacity at Bawal, Haryana. This expansion aims to cater to growing customer orders and the increasing demand for advanced sunroof systems in the Indian passenger vehicle market. The new capacity is anticipated to be commissioned by Q2 FY28.
Senior Management Transitions
Several significant changes in senior management have been approved by the Board to ensure leadership succession and strategic alignment:
- Mr. Nitesh Minda will transition into a new role as Chief Executive Officer-SCS Domain. He will take over as CEO – SCS Domain upon the retirement of Mr. A.G. Giridharan.
- Mr. Kartikeya Joshi has been elevated to the position of Chief Marketing Officer (CMO) of the Company, effective November 05, 2026.
- Mr. Amit Jain has been re-designated as Group Chief Growth and Technology Officer (CGTO), expanding his role to oversee technology, R&D strategy, EV business, and corporate manufacturing excellence.
These appointments are effective from November 05, 2026, and are part of a planned leadership succession strategy.
Corporate Governance and Auditing
The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) and have been reviewed by the statutory auditors, S.R. Batliboi & Co. LLP. The auditors have expressed an unmodified conclusion on the financial statements.
Source: BSE
