Source: CNBCTV18
Uno Minda announced its earnings for the March quarter on Wednesday, May 21. Net profit declined 7.5% year-on-year to â¹266 crore from â¹287.9 crore last year.
Revenue rose 19.4% year-on-year to â¹4,528 crore. The same was â¹3,794 crore in the year-ago quarter.
Uno Minda's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) also increased by 11% year-on-year to â¹526.8 crore. The company reported an EBITDA of â¹474 crore in the same quarter a year ago.
EBITDA margin for the period contracted by 90 basis points to 11.6% as against last year's 12.5%.
Shares of UNO Minda Ltd. soared to day's high of â¹1,020.50 but settled 1.22% lower at â¹970 post the earnings announcement.
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