Uno Minda has reported a 21% YoY growth in Q1FY24 revenue to INR 3,093 crore as against INR 2,555 crore in the same period last year.
A press release from the company noted that it has witnessed growth across the products segment, led by automotive lighting and alloy wheel.
Nirmal K Minda, CMD, Uno Minda Group, noted that the company in Q1FY24 has showcased remarkable growth and resilience, withstanding market challenges and emerging as a frontrunner in the automotive sector.
Sunil Bohra, Group CFO & CEO, Safety and Comfort Systems, Uno Minda Group, stated that customers continue to bestow their faith with key large orders in lighting, wireless chargers, EV-specific products etc.
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