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  1. Uno Minda shares jump nearly 3% after Q3 net profit jumps 28% YoY.

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Uno Minda shares jump nearly 3% after Q3 net profit jumps 28% YoY.

Upstox

2 min read | Updated on February 05, 2026, 15:27 IST

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SUMMARY

In addition to quarterly earnings, the company announced a greenfield expansion plan worth ₹764 crore with 1.8 million per annum wheel capacity. The company's net profit for the quarter jumped to 28% YoY to ₹298 crore.

Uno Minda.jpg

Uno Minda shares rallied 22% in last one year, delivering strong performance. Image: Shutterstock.

Shares of leading auto-ancillary maker, Uno Minda Corporation, jumped nearly 3% after the company announced robust Q3FY26 earnings on Thursday. The company also has a fresh capex plan for the four-wheel alloy business. The shares traded at ₹1,234 apiece on the NSE at 2:45 pm on Thursday.

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The company reported Q3FY26 net profit of ₹298 crore as compared to ₹233 crore in Q3FY25, up by 28% YoY.

The companyreported revenue of ₹ 5,018 crs in Q3FY26, a robust increase of 20% compared to ₹ 4,184 crs in Q3FY25. Growth was driven by multiple segments led by Switches, Lighting, Casting, Seating business and other emerging businesses like Sensor, ADAS, EV systems etc.

The EBITDA for Q3 FY26 stood at ₹ 554 crs, compared to ₹ 457 crs in Q3 FY25, reflecting a growth of 21%. EBITDA margins stood at 11.0%, up 10 bps on YoY basis.

The press release said, “For 9M FY26, Company reported a revenue of ₹ 14,252 crs as against ₹ 12,246 crs for 9M FY25, registering the growth of 16%. The normalised EBITDA for 9M FY26 has been reported as ₹ 1,580 crs (excluding prior period income) vis-à-vis ₹1,347 crs in 9M FY25, growth of 17%. The net profit UML Share excluding prior period income & exceptional item) for the nine months is ₹ 841 crs in 9M FY26 as against ₹ 670 crs in 9M FY25, growth of 25%”.

Additionally, the company also approved setting up of the greenfield four-wheeler alloy wheel manufacturing facility with capacity of 1.8 million wheels per annum comprising of mix of gravity die casting (GDC) technology and low pressure die casting technology wheels. The project cost is slated to be worth ₹764 crore.

Commenging on the results, Mr. Ravi Mehra, Managing Director, Uno Minda Group says; “The operating environment remains constructive, supported by sustained demand momentum following GST rationalisation, a policy-supportive Union Budget, and evolving global trade and FTA developments. These shifts strengthen India’s position as a competitive manufacturing and export hub”

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