Uno Minda Posts INR 2.4 Billion Net Profit For Q2 FY2025
- By MT Bureau
- November 12, 2024
Uno Minda, a leading tier 1 automotive component supplier, has announced its financial results for Q2 FY2025 and H1 FY2025.
The company posted revenue of INR 42.45 billion for Q2 FY2025, up 17 percent, as against INR 36.21 billion last year. The EBITDA came at INR 4.8 billion, up 20 percent YoY, as against INR 4 billion last year. The net profit came at INR 2.4 billion, up 9 percent YoY, as against INR 2.2 billion last year. The company witnessed growth across its business including – lighting, switches, casting, sensors and controllers.
For H1 FY2025, the revenue came at INR 80.62 billion, up 20 percent from INR 67.14 billion last year. The EBITDA came at INR 8.9 billion, versus, INR 7.3 billion last year. The net profit came at INR 4.4 billion, up 12 percent YoY, as against INR 3.9 billion for the same period last year.
Nirmal K Minda, CMD, Uno Minda Group, said, “We are committed to drive sustainable growth and innovation in the automobile market with a greater focus on localisation and technology advancement. Our focused approach has yielded significant results with company achieving new milestone every quarter. As India emerges as a global automotive hub, we are well-positioned to capitalize on this growth with our diversified portfolio catering all vehicle segments. We remain committed to investing in cutting-edge technologies to drive future growth.”
Sunil Bohra, CFO, Uno Minda Group, said, “We have delivered yet another strong quarterly performance, with highest-ever quarterly revenue for the quarter. Our approach towards strengthening customer relationships, forging strategic partnerships and new alliances with a strategic vision; we aim to capture greater market opportunities, cater to the automotive industry, and deliver long-term value. Our commitment to R&D fuels innovation and the development of new products. Our diverse product portfolio, robust manufacturing capabilities, and advanced technology solutions solidify our position as a preferred global systems manufacturer.”
- Schaeffler
- Beyond Driving. Innovation made by Schaeffler
- electric vehicles
- plug-in hybrids
- hybrid electric vehicles
- range extender applications
- Matthias Zink
- Thomas Stierle
Schaeffler To Present Electrified Powertrain Solutions At 2026 Symposium
- By MT Bureau
- May 04, 2026
Schaeffler, a motion technology company, will showcase its range of electrified powertrain technologies at the 13th Schaeffler Automotive Symposium in Buhl this June.
The event, themed ‘Beyond Driving. Innovation made by Schaeffler.’, will highlight solutions for the entire spectrum of drive systems, including battery electric vehicles (BEV), plug-in hybrids (PHEV), hybrid electric vehicles (HEV) and range extender applications (REEV).
In the battery electric segment, the company focuses on highly integrated and scalable systems. The key developments include system integration, which combines e-axles, drive units and software to create efficient overall systems. Scalable inverter solutions platforms with X-in-1 functionality designed for faster time-to-market and lower costs. Enhancing electric motors and bearings – such as current-insulated variants – through material efficiency and modern manufacturing. Lastly, streamlining development using new approaches to reduce product complexity and accelerate market readiness.
For the hybrid and range extender architectures, Schaeffler will present technologies designed for diverse hybrid topologies, ranging from P1 to P3 systems. These solutions include:
- Dedicated Hybrid Transmissions: An all-in-one platform for hybrid and plug-in hybrid vehicles that integrates software and mechanical components.
- Range Extenders: Systems that utilise internal combustion engines more efficiently to support the ongoing transition to electric mobility.
- Seamless Integration: High-performance actuators and sensors used to make engine operation quiet and clean for vehicle occupants.
- Platform Compatibility: Designs that can be integrated into existing vehicle architectures while meeting cost and performance requirements.
Matthias Zink, CEO, Powertrain & Chassis, Schaeffler, said, “With our Powertrain technology cluster, we will be showcasing Schaeffler’s extensive development capabilities in the powertrain segment at the Schaeffler Automotive Symposium. We offer all customers the entire spectrum of powertrain technologies – from components to functionally integrated systems.”
Thomas Stierle, CEO, E-Mobility, Schaeffler, added, “Our expertise in mechanical engineering, electronics and software enables us to develop scalable system solutions. Thanks to a consistently integrated approach, Schaeffler is developing electric powertrains that optimally combine efficiency, a compact footprint, functionality, sustainability and industrialization.”
Sundram Fasteners Crosses INR 60 Billion Consolidated Income In FY2026
- By MT Bureau
- May 01, 2026
Sundram Fasteners has announced that it achieved its highest ever annual revenue, EBITDA and profits in FY2026. The company surpassed the INR 60 billion consolidated income milestone during this period.
For FY2026, the company’s consolidated income reached INR 63.68 billion, EBITDA at INR 1.07 billion and net profit of INR 5.92 billion.
In Q4 FY2026, the income came at INR 15.29 billion, up 12 percent YoY, domestic sales grew by 14 percent at INR 10.28 billion, net profit of INR 1.79 billion, up 34 percent YoY.
In FY2026, Sundram Fasteners incurred INR 4.04 billion in capital expenditure to expand capacity for existing business lines and new projects.
Growth was supported by momentum in non-auto segments, including wind energy, aerospace and railways. In the automotive sector, sales were bolstered by the North American Class 8 truck market and internal combustion engine (ICE) vehicle sales.
Arathi Krishna, Managing Director, Sundram Fasteners, said, “Our performance this quarter reflects the strength of our operational discipline and our unwavering focus on customer centricity. Despite a challenging global environment marked by geopolitical uncertainties, we have delivered all-time high results driven by robust domestic demand and improved efficiencies. We continue to see strong momentum in our non-auto segments such as wind energy, aerospace, and railways, which provide significant headroom for future growth. Additionally, new business wins across geographies have enabled us to further expand our global footprint. The uptick in North American Class 8 truck and ICE vehicle sales has supported growth in our automotive portfolio, while our strategic shift to directly engage with OEMs outside India in the fasteners division has enhanced both margins and market access, even amid broader industry sluggishness.”
EVs Contribute 39% Revenue Share For Sona Comstar In FY2026
- By MT Bureau
- April 30, 2026
Tier 1 automotive supplier Sona BLW Precision Forgings (Sona Comstar) has announced its financial results Q4 FY2026 and FY2026, reporting its highest levels of revenue and profitability to date. The company recorded growth in its electric vehicle segment, with revenue from battery electric vehicles (BEVs) contributing 39 percent share for FY2026.
For Q4 FY2026, the revenue grew by 47 percent YoY to reach INR 12.72 billion, EBITDA at INR 3.11 billion, up 32 percent YoY, PAT at INR 1.92 billion, an uptick of 17 percent YoY. Interestingly, revenue from battery electric vehicles program reached INR 3.59 billion, marking a 22 percent YoY increase.
During the quarter, the company secured four driveline programs. This included three orders from European manufacturers, marking the first time the firm has won three such contracts in a single quarter. These programs include:
- North American BEV Program: An order from a European manufacturer to supply gears, adding INR 2.2 billion to the order book.
- European BEV Program: A contract from a luxury manufacturer for assemblies, valued at INR 1.4 billion.
- Hybrid Platform: An INR 1.2 billion order from a European client for assemblies.
- Indian BEV Platform: An INR 1 billion order to supply assemblies for the Indian market.
For the full financial year, Sona Comstar recorded revenue of INR 44.75 billion, up 26 percent as compared to FY2026. EBITDA for the year stood at INR 11.07 billion with a margin of 24.7 percent. The company expanded its portfolio by adding nine new electric vehicle programs and three customers, bringing its total to 67 programs across 35 customers.
Vivek Vikram Singh, MD & Group CEO, said, “Q4 FY26 was our strongest quarter financially and an important step forward in our strategic and technology roadmap, with new customers added in Europe and two new railway products commercialised. We delivered our best-ever quarter, with the highest revenue, EBITDA, PAT, BEV revenue and BEV revenue share. Revenue grew by 47 percent YoY, primarily driven by growth in EV traction and suspension motors, differential gears, differential assemblies along with consolidation of railway business. BEV revenue grew 22 percent YoY and BEV revenue share reached an all-time high of 39 percent. During the quarter, we won four driveline orders which includes three EV programs and one hybrid program. For the first time, we won three orders from European OEMs, and this is our first EV program win from Europe in almost four years. The hybrid program wins reinforce our view that hybrids are an opportunity for us, not a risk.”
Schaeffler India Reports INR 3.19 Billion Profit For Q1 CY2026
- By MT Bureau
- April 29, 2026
Tier 1 component and technology company Schaeffler India has announced its financial results for the Q1 CY2026, maintaining double-digit growth momentum across its primary business segments.
For Q1 CY2026, the company reported an 18.8 percent YoY uptick in revenue at INR 25 billion with a net profit margin of INR 3.19 billion, up 19.3 percent YoY.
The company attributed the robust results to strong performance in Automotive Technologies and Vehicle Lifetime Solutions, which fuelled stable earnings quality to increased localisation and improved capital efficiency.
While revenue grew significantly compared to the same period last year, it saw a marginal decline of 5.1 percent compared to the preceding quarter (Q4 CY2025).
Harsha Kadam, Managing Director and Chief Executive Officer, said, “We are pleased to report continued strong growth momentum across all our business segments. Automotive Technologies, Vehicle Lifetime Solutions, and Exports delivered robust double-digit growth, driven by successful business wins in our key focus areas. Despite ongoing supply chain challenges and inflationary headwinds, we successfully maintained the quality of our earnings. This reflects the effectiveness of our strategic focus on localisation and capital efficiency. We remain fully committed to achieving our financial and operational targets, capitalising on market opportunities and delivering consistent value to our stakeholders.”

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