Uno Minda Reports Q2 FY26 Results, Approves NCD Issuance

Uno Minda announced its Q2 FY26 results, showcasing a total income of ₹4,826.96 crores. The board also approved the issuance of Non-Convertible Debentures (NCDs). Additionally, key management decisions were made, including investments in subsidiaries and approval for Scheme of Amalgamation. The financial results reflect the company’s performance in the auto components sector during the quarter.

Financial Performance

Uno Minda reported a total income of ₹4,826.96 crores for the quarter ended September 30, 2025, with revenue from operations at ₹4,814.03 crores. Expenses totaled ₹4,481.08 crores, resulting in a profit before tax of ₹409.25 crores. Net profit after tax stood at ₹322.79 crores. Basic EPS was reported as ₹5.28 per share.

Investments and Acquisitions

The company approved the acquisition of 8,50,000 equity shares in joint venture Rinder Riduco S.A.S from its wholly owned subsidiary, Light & Systems Technical Centre, S.L. Spain, for a consideration of Euro 14,88,043 (₹14.95 crores). Further investments were made in subsidiaries including Global Mazinkert S.L. (₹11.04 crores) and Uno Minda Auto Innovations Private Limited (₹26.94 crores).

Debt and Capital Structure

The board approved the issuance of unsecured, listed, rated, redeemable, non-cumulative, taxable, non-convertible debentures (NCDs) aggregating up to ₹200 crore. Debt-equity ratio stood at 0.38.

Scheme of Amalgamation

The company is moving ahead with the Scheme of Amalgamation for merger of Kosei Minda Aluminum Company Private Limited, Kosei Minda Mould Private Limited and Minda Kosei Aluminum Wheel Private Limited with Uno Minda Limited. During the quarter ended September 30, 2025, the Holding Company has allotted 2,81,974 equity shares on August 06, 2025 to the erstwhile shareholders of transferor companies pursuant to the aforesaid Scheme of Amalgamation.

Source: BSE

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