Partnership27 May 2025, 03:52 pm
Minda Corp Reports Highest Ever Revenue & Operating Profit in FY2025; Forms Strategic Partnership with Flash Electronics
AI Summary
Minda Corporation Limited, the flagship company of Spark Minda, announced its financial results for the fourth quarter and year ended March 31, 2025. The company reported a consolidated revenue of Rs. 5,056 Crore, a growth of 8.7% YoY. The EBITDA stood at Rs. 575 Crore, with an EBITDA Margin of 11.4%, up 31 bps YoY. The PAT was Rs. 255 Crore, a growth of 12.4% YoY. Minda Corp formed a strategic partnership with Flash Electronics to create the fastest-growing EV platform in the country, acquiring a 49% equity stake in Flash Electronics. The board of directors have recommended a final dividend of 45% i.e Rs. 0.90 per equity share.
Key Highlights
- Minda Corp reports highest ever consolidated revenue and operating profit for FY2025
- The company achieved a quarterly EBITDA of Rs. 153 Crore with a highest-ever EBITDA margin of 11.6%
- Minda Corporation formed a strategic partnership with Flash Electronics to create the fastest-growing EV platform in the country
- The company acquired a 49% equity stake in Flash Electronics
- The partnership will enable both partners to build a diverse and expansive product portfolio