UNO Minda gains on reporting 47% rise in Q3 consolidated net profit

UNO Minda is currently trading at Rs. 510.60, up by 3.75 points or 0.74% from its previous closing of Rs. 506.85 on the BSE.

The scrip opened at Rs. 525.00 and has touched a high and low of Rs. 525.00 and Rs. 507.05 respectively. So far 3734 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 604.00 on 09-Sep-2022 and a 52 week low of Rs. 384.98 on 10-May-2022.

Last one week high and low of the scrip stood at Rs. 525.00 and Rs. 480.40 respectively. The current market cap of the company is Rs. 29039.03 crore.

The promoters holding in the company stood at 70.07%, while Institutions and Non-Institutions held 23.20% and 6.74% respectively.

Uno Minda has reported rise of 60.80% in its net profit at Rs 105.74 crore for Q3FY23 as compared to Rs 65.76 crore for the corresponding quarter previous year.

Total income of the company increased by 24.94% to Rs 1,692.26 crore for the quarter under review as compared to Rs 1,354.51 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 47.22% in its net profit at Rs 173.95 crore for Q3FY23 as compared to Rs 118.16 crore for the same quarter in the previous year.

Total income of the company increased by 33.07% to Rs 2,919.46 crore for the quarter under review as compared to Rs 2,193.91 crore for the same quarter in the previous year.

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