Auto Parts & Equipment company UNO Minda announced Q4FY23 & FY23 results: Consolidated Q4FY23: The Company reported consolidated revenues of Rs 2,889 crore in Q4FY23 as against Rs 2,415 crore in corresponding quarter registering growth of 20% The EBITDA for Q4FY23 has been reported as Rs 319 crore vis-a-vis Rs 276 crore in Q4 FY22, growth of 16%. Profit before tax for Q4FY23 was at Rs 209 crore as against Rs 175 crore in Q4FY22 and Rs 215 crore in Q3FY23. PAT (UML Share) for the quarter is Rs 183 crore in Q4FY23 as against Rs 144 crore in Q4FY22 and Rs 162 crore in Q3FY23. Consolidated FY23: The company reported a strong revenue growth with revenue of Rs 11,236 crore for FY23 as against Rs 8,313 crore in the previous financial year, registering a rise of 35 %. The EBITDA for FY23 has been reported as Rs 1,242 crore vis-a-vis Rs 885 crore in FY22, growth of 40%. Profit before tax for FY23 is at Rs 791 crore as against Rs 494 crore in FY22. PAT (UML Share) for the financial year is Rs 654 crore in FY23 as against Rs 356 crore in FY22, an increase of 84%. The Board has also recommended dividend of Rs 1.00 per share i.e. 50% of face value reflecting commitment from the company to returning value to shareholders on consistent basis. Mr. Nirmal K Minda, CMD, Uno Minda Group said, “Fiscal year 2023 has been a year of rebound and robust growth for the automotive sector. We have outperformed industry across all products categories with our diversified product portfolio. We at Uno Minda, always look to focus on greater customer satisfaction and high-quality products, this with combination of increasing demand for premium variants keep us well placed to capitalize on this opportunity. With ongoing R&D;, incremental capex and our strategic expansion, we are committed to increasing the wallet share from our existing customers and focus on adding new customers to our universe.” Result PDF
Conference Call with UNO Minda Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript.
Auto parts and components company UNO Minda announced Q2Fy23 results: Q2FY23 Consolidated revenue of Rs 2,877 crore, with a YoY growth of 36% Q2FY23 Consolidated EBITDA of Rs 318 crore, with a YoY growth of 40% Q2FY23 Consolidated PAT (Uno Minda share) at Rs 170 crore, with a YoY growth of 80% Nirmal K Minda, CMD, Uno Minda Group says; "We have been taking measured efforts to increase our share of business with OEMs, consistently increase kit value and offer new and advance technologies to our customers to capture growing opportunities in the automotive components market. Our efforts have been reaping benefits with consistent outperformance and leadership across all our products." Result PDF