Auto Parts & Equipment company Minda Corporation announced Q4FY24 results: Highest Ever Operating Revenue of Rs 1,215 crore, a growth of 13.1% YoY EBITDA margin of 11.4%, an increase of 52 bps YoY Reported PAT of Rs 71 crore with a margin of 5.8% Highest Ever Operating Revenue of Rs 4,651 crore with a growth of 8.2% EBITDA margin of 11.1%, an increase of 33 bps YoY Reported PAT of Rs 227 crore with a margin of 4.9% Commenting on the results, Ashok Minda, Chairman and Group CEO said, "Our resilient performance this year underlines our commitment to sustainable business practices and innovation. Achieving record revenue and robust growth reflects our focus on premiumisation and transformation. As one of the leading players in smart mobility space, our expanding EV order books, investments in advanced technologies and sustainable solutions reaffirm our commitment to driving sustainable growth.” In recognition of our shareholders, the board of directors have recommended final dividend of 45% i.e Rs 0.90 per equity share on the face value, taking the total dividend for the year to 70% i.e. Rs 1.40 per equity share. Our commitment to research and innovation is underlined by the filing of 26 new patents this year, increasing patent portfolio to over 270, highlighting our relentless pursuit of technological advancement. Additionally, we were granted 69 patents in FY24, highest ever since inception. Result PDF