Shares of Uno Minda rose as much as 10% on Thursday, November 5, after the auto components maker reported a strong set of results for the quarter ended September 30, 2026, with net profit and revenue registering a 38% growth.
The company’s consolidated net profit increased 38.2% to ₹420 crore in the September quarter, compared with ₹304 crore in the corresponding period last year. Revenue from operations rose 38.2% to ₹6,655 crore from ₹4,814 crore a year ago.
EBITDA grew 33% to ₹733 crore from ₹551 crore in the year-ago period. However, EBITDA margin contracted to 11% from 11.4% in the same quarter last year.
₹85 crore investment to expand sunroof capacity
Separately, the company’s board has approved an additional capital investment of approximately ₹85 crore to expand its sunroof manufacturing capacity at Bawal in Haryana.
The proposed expansion is aimed at catering to incremental customer orders secured by the company and meeting the growing demand for advanced sunroof systems in the Indian passenger vehicle market.
The company plans to add an incremental capacity of 2.91 lakh units per annum. The expansion will be undertaken in a phased manner, with production expected to commence from the second quarter of FY28.
The investment will be funded through a combination of term loans and internal accruals, the company said.
At around 1:12 pm, Uno Minda shares were trading 8% higher at ₹1,294 apiece. The stock has gained 17.7% over the past month, while it is up 0.7% so far this year.
Uno Minda shares rally 10% after Q2 profit jumps 38%; board approves ₹85 crore investment