Minda Corporation Ltd.

NSE: MINDACORP | BSE: 538962 | ISIN: INE842C01021 | Industry: Auto Parts & Equipment
| Falling Comet
486.4500 -17.55 (-3.48%)
NSE Apr 30, 2025 15:31 PM
Volume: 95,180
 

486.45
-3.48%
KRChoksey
Minda Corporation Ltd, consolidated revenue from operations in Q1FY21 declined by 69.53% YoY and (down 66.82% QoQ) to INR 1779.60 Mn, impacted by lockdown. Gross profit margin for Q1FY21 came in at 37.77%. MCL reported EBITDA loss of INR 203.20 Mn compare to positive EBITDA of INR 666.8 Mn. EBTIDA margin for Q1FY21 was negative 11.42% compare to positive EBTIDA margin of 11.42%, significant decline was due to negative operating leverage, product mix and higher fixed cost. MCL reported net loss of INR 354 Mn in Q1FY21 as compare to net profit of 212 Mn in corresponding quarter last year....
Minda Corporation Ltd. has an average target of 632.00 from 2 brokers.
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