Minda Corporation Q2 FY26: Surpasses Consensus Estimates with Highest Ever Quarterly Revenue of Rs. 1,535 Crore

Minda Corporation continued its momentum, achieving its highest ever quarterly revenue of Rs. 1,535 crore, a robust growth of 19% Y-o-Y. This performance was fueled by sustained demand across key vehicle segments, increase in share of businesses, and content per vehicle and strong traction in EV and premium product categories. The company reported its highest ever EBITDA of Rs. 178 crores, representing a growth of about 21.4% Y-o-Y with a highest ever EBITDA margin of 11.6%. The profit after tax reached Rs. 85 crores, a growth of 14% Y-o-Y. Minda Corporation outperformed the industry trends across business segments with notable success in the wiring harness division and instrument cluster division. The collaboration with Flash Electronics has strengthened the presence in high-growth domains such as EV power electronics, traction motors, controllers and vehicle control units.