Brands
Uno Minda accelerates growth with Rs 254.37 crore uptick in PAT
MUMBAI: Uno Minda, a manufacturer of automotive solutions and systems for OEMs has revved up its financial performance, posting impressive numbers in Q3 FY25 while laying the groundwork for aggressive expansion. The company reported consolidated revenue from operations of Rs 4,183.99 crore for the quarter ending 31 December 2024, reflecting a significant year-on-year (Y/Y) growth from Rs 3,522.91 crore in the same quarter last year.
Profit after tax (PAT) surged to Rs 254.37 crore, marking a strong increase from Rs 205.11 crore in Q3 FY24. The company’s operating profit before tax stood at Rs 300.99 crore, showcasing its continued financial strength. Earnings per share (EPS) also saw an uptick, rising to Rs 4.05 from Rs3.38 Y/Y.
Profit after tax (PAT) surged to Rs 254.37 crore from Rs 205.11 crore Y/Y, while earnings per share (EPS) increased to Rs 4.05 from Rs 3.38 in the previous year. The company also declared an interim dividend of Rs 0.75 per share. Gross margin and operating profit experienced a robust boost, driven by rising demand in the automotive sector.
The Board approved an in-principle issuance of Non-Convertible Debentures (NCDs) up to Rs 500 crore to support its capital expenditure plans, investments in subsidiaries, joint ventures, and associate companies. This move signals the company’s commitment to sustained growth and market leadership.
Additionally, Uno Minda is expanding its Hosur Plant in Tamil Nadu, increasing its overall production capacity from 11,000 tonnes to 15,000 tonnes per annum. The Rs 65.59 crore investment, including a new paint shop facility, underscores the company’s focus on scaling up production to meet growing market demand.
Uno Minda has been actively strengthening its portfolio with acquisitions. In 2024, it acquired a 26 per cent stake in Minda Westport Technologies ltd, a 49 per cent stake in Minda Nabtesco Automotive pvt ltd, and completed the first phase of acquiring Minda Onkyo India pvt ltd, further solidifying its market presence.
With record-high revenue, strong profitability, and strategic investments, Uno Minda is steering toward a high-growth trajectory. The company is focused on enhancing operational efficiencies, expanding market reach, and leveraging its strong balance sheet to drive innovation in the auto components sector.
The road ahead looks promising as Uno Minda gears up for sustained profitability, further acquisitions, and aggressive capacity expansions. Investors and stakeholders can expect continued momentum as the company strengthens its position in the evolving automotive landscape.
Brands
KKR sixes to power EV charger rollout under VIDA campaign
Cricket meets clean mobility as big hits spark India’s charging growth
NEW DELHI: VIDA, the electric mobility arm of Hero MotoCorp, has teamed up with Kolkata Knight Riders to launch a campaign that turns cricketing flair into real-world impact.
Titled ‘6 for 6’, the initiative promises to install a 6kW fast EV charger for every six hit by KKR during the ongoing Indian Premier League season. The idea is simple but powerful, as each big hit on the field contributes directly to expanding India’s fast-charging infrastructure.
The campaign builds on VIDA’s growing network, which already spans over 5,300 fast-charging points across more than 430 cities. With EV adoption gaining pace, the brand is using cricket’s mass appeal to accelerate both awareness and infrastructure growth.
Explaining the thinking behind the move, Hero MotoCorp emerging mobility business unit chief business officer Kausalya Nandakumar said, “Cricket has an incredible ability to unite and inspire millions across the country. With the ‘6 for 6’ campaign, we are turning every big hit on the field into a step towards a cleaner and a more accessible mobility future.”
She added that VIDA’s expanding fast-charging network and removable battery technology are designed to make EV ownership more convenient and practical for everyday users.
From the franchise’s side, the campaign is also about giving on-field moments a larger purpose. Kolkata Knight Riders chief executive officer Venky Mysore said, “The ‘6 for 6’ campaign exemplifies the potential of sport as a platform for meaningful, real-world impact. By linking every six to the expansion of EV charging infrastructure, this partnership transforms fan excitement into tangible progress.”
As part of the rollout, VIDA has introduced co-branded charging stations in KKR’s signature colours, with a flagship installation unveiled alongside team players. The chargers are designed for quick top-ups, powering VIDA scooters from zero to 80 percent in about an hour, while also being positioned along key highways to support longer journeys.
The initiative also taps into VIDA’s removable battery system, which allows users to charge using standard household plug points, adding flexibility to the charging ecosystem.
By blending the thrill of cricket with the urgency of clean mobility, VIDA and KKR have found a neat way to make every six count twice, once on the scoreboard and again on India’s road to an electric future.
