Minda Corporation Limited — Investor Meet, 18-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates
18-08-2025 | 02:30 pm
18-08-2025 | 02:30 pm
Minda Corp posted record Q1 FY26 revenue of Rs 1,386 Cr (+16% YoY) and EBITDA of Rs 156 Cr (+19% YoY), with margins at 11.3%. PAT was Rs 65 Cr. Performance outpaced industry trends, driven by wiring harness, commercial vehicles, and 30% growth in EV/other product lines. The company secured new lifetime orders exceeding Rs 1,300 Cr, with over 30% from New Energy Vehicles. Key strategic moves include a joint venture with Toyodenso for advanced switches and a partnership with Qualcomm for smart cockpit solutions. Management is confident on future growth through strategic investments and operational excellence.
No comments yet. Be the first to comment!
