Auto Parts & Equipment company Minda Corporation announced H1FY25 & Q2FY25 results Q2FY25 Finaicial Highlights: Highest Consolidated Revenue of Rs 1,290 crore, an increase of ~8.0% YoY. EBITDA of Rs 147 crore with EBITDA Margin of 11.4%, marking an increase of 38 bps YoY. PAT of Rs 74 crore, an increase of 26.5% YoY with a margin of 5.8%. H1FY25 Finaicial Highlights: Consolidated Revenue of Rs 2,482 crore, an increase of 9.3% YoY. EBITDA of Rs 278 crore with EBITDA Margin of 11.2%, marking an increase of 38 bps YoY. PAT of Rs 139 crore, an increase of 33.2% YoY with a margin of 5.6%. Ashok Minda, Chairman and Group CEO, said: “We sustained strong growth momentum in Q2FY25, highlighting the resilience of our business model and the impact of our strategic initiatives. This growth has enabled us to expand market presence and consistently create value for our stakeholders. As we move forward, we remain committed to investing in innovation, enriching our product portfolio to meet our customers’ evolving demands, and driving greater cost efficiencies and agility across our operations.” Result PDF
Conference Call with Minda Corporation Ltd. Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Auto Parts & Equipment company Minda Corporation announced Q1FY25 results: Consolidated Revenue of Rs 1,192 crore, an increase of 11.0% YoY EBITDA Margin of 11.1%, marking an increase of 38 bps YoY PAT of Rs 64 crore, an increase of 42.0% YoY with a margin of 5.3% Commenting on the results, Ashok Minda, Chairman and Group CEO said, “The first quarter of FY25 began on a positive note with overall demand rising across most vehicle segments, year-on-year basis. Through our focus on key initiatives, financial prudence, and commitment to excellence, we are wellpositioned to surpass industry expectations. We aim for steady growth in our current businesses while expanding our reach through increased exports and a larger customer base. Our dedication to delivering high-quality products and solutions ensures that we consistently meet and exceed customer expectations.” Result PDF