Minda Corporation Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

Minda Corporation's board has approved robust Q1 FY26 consolidated financial results. Revenue surged 16.2% YoY to Rs 1,386 Cr, with EBITDA at Rs 156 Cr (11.3% margin) and PAT at Rs 65 Cr. This marks their highest ever consolidated revenue and operating profit. Key strategic moves include a 60:40 JV with Toyodenso for advanced automotive switches and a collaboration with Qualcomm for smart cockpit solutions. Additionally, 7.65 million share warrants were issued on a preferential basis, raising Rs 105.19 Cr upfront (25% of the total Rs 420.75 Cr).