Minda Corp achieved record Q1 revenue, beating consensus through structural growth in EVs and the Minda Vast consolidation, despite margin pressures from commodity and labor costs.
Minda Corp reported record Q1 FY27 revenue of Rs. 1,846 Cr, up 33% YoY, with EBITDA margins expanding to 11.5%. Performance was driven by premiumization and consolidation of Minda Vast.
Minda Corp reported record Q4 FY26 revenue of ₹1,704cr (up 29% YoY) and EBITDA of ₹203cr (up 33% YoY). The company is focusing on premiumization and expanding its EV powertrain footprint.
Minda Corp delivered record Q4 performance, surpassing analyst expectations with a 29% revenue jump. Management is pivotally shifting focus towards passenger vehicle electronics and high-growth EV components through strategic JVs.
Minda Corp reported record FY26 consolidated revenue of ₹6,185 Cr (up 22.3%) and PAT of ₹358 Cr (up 40.3%), driven by premiumization and strategic JVs.