Uno Minda Limited announced its financial results for the second quarter and half year ended September 26, FY27. The company posted a consolidated revenue from operations of ₹6,655 crores, marking a robust 38% year-on-year growth from ₹4,814 crores in the previous year. Profit after tax attributable to shareholders grew by 38% to ₹420 crores compared to ₹304 crores in Q2 FY26.
Uno Minda Reports Stellar Q2 FY27 Financial Performance
Uno Minda Limited has declared strong financial results for the second quarter and the first half of the fiscal year ending September 26, FY27. The company demonstrated exceptional operational performance, achieving its highest-ever quarterly revenue and profit. This success is attributed to the fundamental strength of its business model, innovative product offerings, expanding content per vehicle, and consistent execution across market cycles.
Consolidated Financial Highlights
For the quarter ended September 26, Uno Minda’s consolidated revenue from operations reached ₹6,655 crores, representing a significant 38% year-on-year growth over the ₹4,814 crores reported in the corresponding period of the previous year. The company’s EBITDA also saw a healthy increase of 33% year-on-year, amounting to ₹733 crores, with EBITDA margins standing at 11%. Depreciation increased marginally to ₹178 crores, while finance costs were ₹49 crores. Crucially, the Profit After Tax (PAT) attributable to shareholders grew by 38%, reaching ₹420 crores in Q2 FY27, up from ₹304 crores in Q2 FY26.
Key Business Segment Performance
The company’s performance was broad-based, driven by volume expansion and value-added offerings across its product lines, including switches, lighting, alloy wheels, and EV systems. The switching systems vertical, the largest contributor, achieved revenues of ₹1,609 crores (up 37% YoY). The lighting business reported revenues of ₹1,381 crores (up 25% YoY). The casting business emerged as the fastest-growing segment with a 57% year-on-year growth to ₹1,441 crores. The performance was bolstered by capacity expansions and ramp-ups in alloy wheel and aluminum die casting businesses.
The seating business registered revenues of ₹476 crores, a 34% increase year-on-year. The newly formed green mobility vertical achieved a remarkable 102% year-on-year growth, reaching ₹649 crores, with Uno Minda EV Systems contributing ₹247 crores. The reconfigured other product portfolio reported revenues of ₹1,099 crores, a 17% year-on-year growth.
Strategic Investments and Outlook
Uno Minda continues to invest in its growth platform, with the Board approving additional capex of approximately ₹1,415 crores for strategic expansion projects. These include a greenfield aluminum die casting facility and expansions in alloy wheel and molding facilities. The company remains constructive on the outlook for the Indian automotive industry and anticipates sustained growth momentum through the remainder of FY27, focusing on market share gains, increasing content per vehicle, and localization of advanced technologies.
Source: BSE
