Auto Parts & Equipment company Minda Corporation announced Q1FY27 results Consolidated Financial Highlights: The company achieved its highest-ever Operating Revenue of Rs 1,846 crore in Q1FY27, registering a growth of 33.20% YoY compared to Rs 1,386 crore in Q1FY26. On a QoQ basis, revenue increased by 8.40% from Rs 1,704 crore in Q4FY26. Consolidated EBITDA for Q1FY27 stood at Rs 212 crore, a growth of 35.40% YoY from Rs 156 crore in Q1FY26 and a growth of 4.10% QoQ from Rs 203 crore in Q4FY26. EBITDA Margin improved by 19 bps YoY to 11.50% in Q1FY27. Profit Before Tax (PBT) reached Rs 237 crore in Q1FY27, showing a significant growth of 235% YoY from Rs 71 crore in Q1FY26 and 92% QoQ from Rs 123 crore in Q4FY26. Profit After Tax (PAT) was reported at Rs 206 crore in Q1FY27 (including an exceptional gain of Rs 106 crore from the consolidation of Minda VAST), marking a growth of 215.80% YoY from Rs 65 crore in Q1FY26 and 66.30% QoQ from Rs 124 crore in Q4FY26. The PAT Margin stood at 11.20% for Q1FY27 compared to 4.70% in Q1FY26. Basic Earnings Per Share (EPS) for Q1FY27 was Rs 8.75, compared to Rs 2.78 in Q1FY26 and Rs 5.29 in Q4FY26. Standalone Financial Highlights: Revenue from Operations for Q1FY27 stood at Rs 1,40,059 lakh, reflecting a growth of 23.45% YoY from Rs 1,13,455 lakh in Q1FY26 and a 2.20% QoQ increase from Rs 1,37,040 lakh in Q4FY26. Profit After Tax (PAT) for the quarter was Rs 6,113 lakh in Q1FY27, up by 46.14% YoY from Rs 4,183 lakh in Q1FY26, though it declined by 16.65% QoQ from Rs 7,334 lakh in Q4FY26. Total Income for Q1FY27 was Rs 1,40,264 lakh, compared to Rs 1,14,450 lakh in Q1FY26 and Rs 1,37,635 lakh in Q4FY26. Basic Earnings Per Share (EPS) for Q1FY27 was Rs 2.56, compared to Rs 1.75 in Q1FY26 and Rs 3.07 in Q4FY26. Business Highlights: The company has consolidated Minda VAST into Minda Corporation starting from Q1FY27, strengthening its presence in the passenger vehicle segment and expanding its vehicle access systems portfolio. The Board of Directors approved an additional investment of up to Rs 18 crore in Spark Minda Toyodenso India Private Limited (a 60:40 JV). This will increase the company's total investment in the joint venture to Rs 60 crore. During the quarter, Minda Corporation invested a total of Rs 63 crore in its group companies, including Spark Minda Green Mobility Systems Private Limited, Minda HCMF Technologies Private Limited, and Spark Minda – Toyodenso India Private Limited, to support business expansion. The company reported continued progress on the technology front through strategic partnerships and new product programmes, focusing on capabilities in smarter, connected, and electrified mobility. Segment Performance: As per the standalone and consolidated results, the group’s business activities fall within a single primary operating segment, which is the manufacturing of Automobile Components and Parts. Ashok Minda, Chairman & Group CEO, said: “The first quarter of FY27 reflected steady progress in line with our long-term growth strategy, supported by strong demand across key vehicle segments and continued execution across our businesses. During the quarter, we strengthened our technology capabilities through strategic partnerships, expanded our order pipeline with new business wins, and continued to invest in innovation and product development to address the evolving needs of the automotive industry. As the industry transitions towards smarter, connected and electrified mobility, we remain focused on operational excellence, technology leadership and creating sustainable value for all our stakeholders. Looking ahead, Minda Corporation remains focused on expanding its product portfolio, strengthening customer relationships and increasing its presence across emerging mobility segments. The Company will continue to invest in technology, product innovation and manufacturing capabilities while maintaining its focus on operational excellence, premiumization and sustainable long-term growth. Result PDF