Uno Minda reported strong financial results for the quarter ending September 30, 2024 (Q2 FY25), showcasing impressive growth in both revenue from operations and net profit. The company’s performance was marked by significant improvements on a year-over-year (YoY) and quarter-over-quarter (QoQ) basis.
Key Financial Highlights (Q2 FY25 vs. Q2 FY24)
- Revenue from Operations: Uno Minda recorded a revenue of ₹4,244.79 crore in Q2 FY25, representing a 17.21% increase from ₹3,621.30 crore in the same quarter last year. This growth reflects an additional ₹623.49 crore YoY, underlining strong demand and expansion in the company’s business.
- Net Profit: The company’s net profit for Q2 FY25 stood at ₹266.16 crore, marking an 11.97% increase from ₹237.71 crore in Q2 FY24. This increase of ₹28.45 crore YoY highlights improved profitability despite potential challenges in the sector.
Quarter-over-Quarter Performance (Q2 FY25 vs. Q1 FY25)
- Revenue from Operations: Compared to the previous quarter (Q1 FY25), revenue from operations rose by 11.19%, up from ₹3,817.51 crore. The quarter-on-quarter increase of ₹427.28 crore indicates steady growth and strong market performance.
- Net Profit: Net profit surged by an impressive 26.26% QoQ, rising from ₹210.80 crore in Q1 FY25. The profit growth of ₹55.36 crore emphasizes the company’s enhanced cost management and operational efficiency.
Summary
Uno Minda’s Q2 FY25 financial performance reflects substantial progress in revenue generation and profitability. The company’s double-digit growth rates in both revenue and profit on a YoY and QoQ basis underscore its strong market position and ability to capitalize on opportunities. As Uno Minda continues to expand its footprint, the robust results from Q2 FY25 set a promising outlook for the remainder of the fiscal year.
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