505.1000 -5.65 (-1.11%)
NSE Jun 20, 2025 15:31 PM
Volume: 369.8K
 

505.10
-1.11%
Karvy
Temporary Issues in Subsidiary Deplete Operating Margins:Q3FY17 consolidated revenue posted Rs. 7230 Mn up by 10.1% YoY and declined by 7.6% QoQ, where EBITDA significantly dropped by 69.6%/63.8% in QoQ/YoY majorly led by one-off expenses in the raw material costs in their joint venture Minda Furukawa Ltd and some pre-operating expenses in their green field Mexico plant and Spark Minda technical centre (Pune).
Minda Corporation Ltd. is trading below all available SMAs
More from Minda Corporation Ltd.
Recommended