Uno Minda Posts Robust Q1 FY26 Results With 16% Revenue Growth

The global economy has been facing increasing headwinds from trade tensions and geopolitical instability. The main source of disruption has been the sharp escalation in US tariffs, especially on imports from China, Canada, and Mexico.

- RAJEEV KAPOOR

The global economy has been facing increasing headwinds from trade tensions and geopolitical instability. The main source of disruption has been the sharp escalation in US tariffs, especially on imports from China, Canada, and Mexico. According to analysts, elevated US tariffs could structurally distort the global economy and drag long-term growth expectations, with the risk of further trade escalation looming large. India's economic growth has been outperforming other major economies around the world because of strong domestic demand, prudent fiscal management, rising urbanization, infrastructure investment, digital transformation, demographic dividend, etc. Uno Minda delivered strong financial performance in the first quarter of FY26, with consolidated revenue at Rs 4420 crores, registering a robust 16% year-on-year growth against Rs 3818 in Q1 FY25. This is due to healthy traction across core product lines such as switches, alloy wheels, lighting, seating systems, and other emerging segments such as sensors, radars, and controllers. The company's EBITDA stood at Rs 474 crores, despite an increase in annual cost escalation and manpower cost procedures. Uno Minda maintained stable 10.7% EBITDA margins. Profit after tax stood at Rs 239 crores, reflecting healthy year-on-year 21% growth over Rs 198 crores in the same quarter of last fiscal.