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
Conference Call with Minda Corporation Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.