Minda Corporation Limited — Important, 12-08-2025: General Updates
12-08-2025 | 02:51 pm
12-08-2025 | 02:51 pm
Minda Corp reported strong Q1FY26 consolidated financial results, with Revenue at Rs. 1,386 Cr, up 16.2% YoY, and EBITDA at Rs. 156 Cr (11.3% margin). Profit After Tax (PAT) stood at Rs. 65 Cr. The company is strategically expanding, forming a joint venture with Toyodenso for advanced automotive switches in India, with a new plant expected by 2H FY26-27 and orders already secured. Additionally, Minda Corp collaborated with Qualcomm to co-develop next-gen Smart Cockpit Solutions. The company also issued 76.5 lakh share warrants via preferential allotment, receiving Rs. 105.19 Cr towards this funding.
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