{"id":4940,"date":"2024-11-12T15:22:38","date_gmt":"2024-11-12T09:52:38","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=4940"},"modified":"2024-11-12T16:13:42","modified_gmt":"2024-11-12T10:43:42","slug":"uno-minda-stock-jumps-9-after-strong-q2-earnings-performance","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/uno-minda-stock-jumps-9-after-strong-q2-earnings-performance\/","title":{"rendered":"Uno Minda Stock Jumps 9% After Strong Q2 Earnings Performance"},"content":{"rendered":"\n

Shares of Uno Minda surged over 9 percent on November 12 after the company reported impressive Q2FY25 financial results, highlighting strong growth in revenue and profits.<\/p>\n\n\n\n

By 1:50 PM, Uno Minda’s stock was trading at Rs 1,003, up by 9 percent. The stock has gained 46 percent so far this year, significantly outperforming the Nifty 50, which has risen 10 percent in the same timeframe.<\/p>\n\n\n\n

In Q2FY25, Uno Minda posted a consolidated net profit of Rs 245.2 crore, reflecting a 23 percent increase quarter-on-quarter and a 15 percent increase year-on-year. Revenue from operations reached Rs 4,244.8 crore, marking an 11 percent rise from the previous quarter and 17 percent growth year-on-year. The company\u2019s EBITDA also grew by 20 percent YoY to Rs 482 crore, with an improved EBITDA margin of 11.36 percent.<\/p>\n\n\n\n

On the recent operational front, Uno Minda started production at its Farrukhnagar greenfield plant and plans to transfer the Manesa facility by Q3FY27. Additionally, a four-wheeler lighting plant in Pune will start operations by Q3FY25 and further augment the manufacturing capacity for Uno Minda.<\/p>\n\n\n\n

Despite such strong performance, there are a few challenges Uno Minda’s European operations have to face-for instance, being at the receiving end of weak demand in the European auto market-at its subsidiary Clarton Horn. Particularly, agriculture vehicle exports remain challenging.<\/p>\n\n\n\n

Uno Minda is a well-known name in the sector of auto components for both domestic and international markets, offering a wide range of products ranging from acoustics to switches, castings, and lighting for original equipment manufacturers as well as the aftermarket.<\/p>\n\n\n\n

Do you have a news tip for Lakshmishree reporters? Please email us at media@lakshmishree.com<\/a><\/p>\n\n\n\n

Source: Moneycontrol<\/a><\/sub><\/sup><\/p>\n","protected":false},"excerpt":{"rendered":"

Shares of Uno Minda surged over 9 percent on November 12 after the company reported impressive Q2FY25 financial results, highlighting strong growth in revenue and profits. By 1:50 PM, Uno Minda’s stock was trading at Rs 1,003, up by 9 percent. The stock has gained 46 percent so far this year, significantly outperforming the Nifty […]<\/p>\n","protected":false},"author":1,"featured_media":4945,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[62],"tags":[660],"class_list":["post-4940","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-results","tag-uno-minda-q2"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=4940"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4940\/revisions"}],"predecessor-version":[{"id":4943,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4940\/revisions\/4943"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/4945"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=4940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=4940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=4940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}