Minda Corporation Limited — Important, 30-05-2025: General Updates

Minda Corporation has announced a board meeting to approve the financial results for the quarter and half-year. Quarterly revenue hit a record INR 1,321 Cr, up 9% YoY, with EBITDA at INR 153 Cr (11.6% margin). FY25 revenue grew 9% to INR 5,056 Cr, EBITDA rose 12% to INR 575 Cr, and PAT increased 12.5% to INR 255 Cr. Growth drivers include a 49% acquisition in Flash Electronics, lifetime orders over INR 8,000 Cr (25% EV), and strong R&D (~4% of revenue). Capacity expansions target higher EV wiring harness penetration for leading 2- and 3-wheeler OEMs.