Auto Parts & Equipment company Minda Corporation announced Q3FY25 results Consolidated Revenue of Rs 1,253 crore, a growth of 7.4% YoY. EBITDA of Rs 144 crore, with an EBITDA Margin of 11.5%, up 32 bps YoY. PAT of Rs 65 crore, a growth of 23.5% YoY, with a margin of 5.1%. Ashok Minda, Chairman & Group CEO, said: "Spark Minda is navigating a dynamic industry landscape with a firm commitment to building a sustainable, future-ready business. By strengthening our foundation and accelerating investments in cutting-edge technology, we are driving innovation and operational excellence. This strategic approach enables us to adapt to industry shifts while delivering lasting value to our customers and stakeholders. With a clear growth roadmap, we continue to enhance efficiency, expand capabilities, and ensure long-term success." Result PDF
Conference Call with Minda Corporation Management and Analysts on recent business updates. Listen to the full transcript.
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