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In an exchange filing, Minda Corporation said the fire occurred at around 4:15 pm on May 30 at its plant located in Sector-59, Noida

• Business Line
• 3 weeks 1 day ago

Minda Corporation is betting on EV electronics, connected vehicle systems and global technology partnerships to drive its next phase of growth

• Business Line
• 4 weeks 2 days ago

Spark Minda's flagship firm Minda Corporation Ltd on Friday reported a 7.3 per cent growth in consolidated profit after tax at Rs 124 crore in three months to March over the previous year. The company had delivered a PAT of Rs 52 crore in the same quarter of FY25, Minda Corporation said. Consolidated revenue for the reporting quarter was seen at Rs 1,704 crore, up 29 per cent from Rs 1,321 crore in the March quarter of the fiscal year earlier. Minda Corp achieved the highest-ever quarterly revenue of Rs 1,704 crore, surpassing industry growth and consensus estimates with a growth of 29 per cent YoY. This performance is attributed to a strong product portfolio, an expanding customer base and a focus on product premiumisation, Minda Corporation said. During the quarter, the company reported EBITDA of Rs 203 crore, with a margin of 11.9 per cent, marking a 37-basis-point YoY improvement, it said. For FY 2025-26, consolidated PAT stood at Rs 358 crore, while consolidated revenue surge

• Business Standard
• 1 month ago