Uno Minda announced strong Q2 FY26 results, achieving its highest-ever quarterly revenue and profits. Consolidated revenue reached ₹4,814 Cr, a 13.4% year-over-year increase, while EBITDA grew by 14.4% to ₹552 Cr. The company’s consolidated PAT stood at ₹304 Cr, marking a substantial 27.4% year-over-year growth. This performance underscores Uno Minda’s growth trajectory and market position.
Financial Performance Highlights
Uno Minda reported robust financial results for Q2 FY26, demonstrating significant growth in revenue and profitability:
- Revenue from Operations: ₹4,814 Cr, up 13.4% year-over-year from ₹4,245 Cr in Q2 FY25.
- EBITDA: ₹552 Cr, a 14.4% increase compared to ₹482 Cr in the previous year.
- EBITDA Margin: 11.5%, a slight increase of 10 bps year-over-year.
- PAT (UML Share excluding exceptional income): ₹304 Cr, a significant 27.4% surge from ₹239 Cr in Q2 FY25.
- EPS (diluted): ₹5.27, up 23.7% year-over-year.
H1 FY26 Performance
The company also showcased strong performance for the first half of the fiscal year:
- Revenue: ₹9,234 Cr, a 14.5% increase from ₹8,062 Cr in H1 FY25.
- EBITDA: ₹1,026 Cr, compared to ₹890 Cr in the previous year, reflecting a 15.3% growth.
- PAT (UML Share excluding prior period incentive income): ₹543 Cr versus ₹437 Cr in H1 FY25, an increase of 24.3%.
Management Commentary
Mr. Ravi Mehra, Managing Director, Uno Minda Group, stated that the quarter’s performance reflects the industry’s renewed momentum, supported by GST 2.0 reforms and improving affordability. He added that the festive season has further strengthened consumer confidence and pointed toward a sustained recovery across segments.
Key Growth Drivers
The company’s growth in Q2 FY26 was primarily driven by multiple segments including Switches, Lighting, Casting & Seating business.
Source: BSE
