Uno Minda Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 19, 2023 at 07:23 am EDT
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Uno Minda Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 28,889.7 million compared to INR 24,150.8 million a year ago. Revenue was INR 29,081.3 million compared to INR 24,382.9 million a year ago. Net income was INR 1,826.5 million compared to INR 1,443.7 million a year ago. Basic earnings per share from continuing operations was INR 3.19 compared to INR 2.57 a year ago. Diluted earnings per share from continuing operations was INR 3.18 compared to INR 2.56 a year ago.
For the full year, sales was INR 112,364.9 million compared to INR 83,130 million a year ago. Revenue was INR 112,853.8 million compared to INR 83,759.4 million a year ago. Net income was INR 6,535.5 million compared to INR 3,558 million a year ago. Basic earnings per share from continuing operations was INR 11.42 compared to INR 6.32 a year ago. Diluted earnings per share from continuing operations was INR 11.37 compared to INR 6.3 a year ago.
Uno Minda Limited is an India-based global manufacturer and supplier of proprietary automotive solutions and systems to original equipment manufacturers as tier-1. The Company's product divisions include switch, sensor, controllers, lighting, acoustic, alloy wheel, seating, aftermarket, casting and ADAS. It caters to vehicle segments, such as four-wheeler, two-wheeler, three-wheeler, commercial vehicle and off-road. Initia is the Company's central mobility design studio with a focus on user-centric and feasible design. The Company offers a range of services, which include transportation design, such as vehicle design, component design and accessory design; digital sculpting, such as CAS modeling, parametric modeling and digital visualization; UI/UX design, such as UX strategy, UX research and digital eco system design; design strategy, such as product strategy, experience and strategy workshops, and prototyping, such as soft modeling, hard modeling and digital prototyping.
UNO MINDA LIMITED 
