Invest
Auto Parts & Equipment company UNO Minda announced Q4FY24 & FY24 results:
- Q4FY24 Consolidated Revenue of Rs 3,794 crore, YoY growth 31%
- Q4FY24 Consolidated PAT (Uno Minda share excluding exceptional income) at Rs 269 crore, YoY growth 47%
- FY24 Consolidated Revenue of Rs 14,031 crore, YoY growth 25%
- FY 24 PAT (Uno Minda share excluding exception income) of Rs 860 crore, YoY growth 32%
- The board recommended Final dividend of Rs 1.35 per share, YoY increase 35%, overall dividend of Rs 2.0 per share
- Approved expansion of 2W Alloy wheel plant at Supa by another 2.0 million wheel with capex of Rs 300 crore
Nirmal K Minda, CMD, Uno Minda Group says; "Auto Industry continue to register robust growth with preference to better features for safety, comfort and cleaner mobility. Along with passenger vehicle, two-wheeler segment also joined the growth trajectory in current quarter. Uno Minda with its diversified product portfolio across the vehicle legment along with strong focus on ·emerging automotive technology leads the industry with strong operating and financial performance. "
Sunil Bohra, CFO, Uno Minda Group says, "This industry-leading performance echoes the resounding success of our strategic initiatives. With meticulous capacity expansion, strategic market share acquisition, and pioneering technological advancements, we've seamlessly transitioned into a comprehensive system provider. Buoyed by upcoming expansions, positive industry trends, and escalating consumer demand for cutting-edge features, we brim with optimism for continued, sustainable growth."
FAQ’s on Uno Minda Ltd Shares
