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In order to set up additional capacities to meet the future demand, automotive ancillaries major Uno Minda Ltd is building land banks in different states, said a top company official.
The company reported total revenue earnings of INR 3,093 crore in Q1 2023-24 compared to INR 2,555 crore in Q1 2022-23, a growth of 21%. The revenue growth is attributed to progress across product sectors, primarily in Automotive Lighting and Alloy Wheel segments.