Quarterly Updates6 Nov 2025, 02:46 pm
Minda Corporation Ltd Reports 19.0% YoY Revenue Growth in Q2 FY2026, Secures First Sunroof Order
AI Summary
Minda Corporation Ltd, a significant player in the global automotive industry, reported a 19.0% YoY growth in its highest ever quarterly revenue of Rs. 1,535 crore in Q2 FY2026. The EBITDA margin stood at 11.6%. The company secured a first sunroof order from a leading OEM for their upcoming vehicle launch. A total of 315+ patents have been filed, with 12 new ones in H1 FY2026 and 9 during Q2FY26. The total lifetime order book exceeded Rs. 3,600 Crore in H1 FY2026, with 15% from exports. The company also formed a new strategic partnership with Toyodenso for advanced switches across all vehicle segments.
Key Highlights
- 19.0% YoY growth in highest ever quarterly revenue of Rs. 1,535 crore
- EBITDA margin stood at 11.6% for Q2FY26, growth of 22 Bps YoY
- Secured first sunroof order from a leading OEM for their upcoming vehicle launch
- Filed 315+ patents, with 12 new ones in H1 FY2026 and 9 during Q2FY26
- Total lifetime order book exceeded Rs. 3,600 Crore in H1 FY2026, with 15% from exports
- New strategic partnership with Toyodenso for advanced switches across all vehicle segments