Uniparts India Shares Rally 8.5% As Q1 Net Profit Jumps 64% to Rs56.6 Cr; Rs9 Dividend Announced
India, Aug. 5 -- The global off-highway equipment industry is gradually recovering as demand from agriculture, construction, forestry and material handling markets stabilises after a period of inventory corrections. OEMs are increasingly focusing on reliable component suppliers with global manufacturing capabilities and long-term customer relationships to support production requirements.
Against this backdrop, Uniparts India reported a strong Q1 FY27 performance, supported by healthy demand across its export markets and operational efficiencies. The company also reaffirmed its shareholder-friendly approach by declaring its first interim dividend for FY27, signalling confidence in the business despite ongoing investments for future growth...
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