Minda Corporation Ltd.

NSE: MINDACORP | BSE: 538962 | ISIN: INE842C01021 |Industry: Auto Parts & Equipment
|Mid-range Performer

Minda Corporation Ltd.    
31 May 2019
Nirmal Bang
Revenue from operations for the company grew by 7% YoY to Rs. 771 Cr vs Rs. 721 Cr YoY and Rs. 769 Cr QoQ. EBITDA stood at Rs. 82 Cr (same as Q4FY18) however EBITDA margins expanded by 350 bps QoQ to 10.6% for the quarter, led by a 460 bps improvement in gross margins (QoQ). EBITDA margins were at 11.4% during Q4FY18. Adjusted net profit was flattish on...
Minda Corporation Ltd. has lost -26.27% in the last 6 Months
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