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Quarterly Result12 Aug 2025, 02:38 pm

Minda Corporation Reports Q1 FY2026 Performance: Revenue of Rs. 1,386 Crore, EBITDA Margin of 11.3%, and PAT of Rs. 65 Crore

AI Summary

Minda Corporation Limited, the flagship company of Spark Minda, announced its financial results for the first quarter ended June 30, 2025. The company reported a consolidated revenue of Rs. 1,386 Crore, a growth of 16.2% YoY. The EBITDA stood at Rs. 156 Crore, with a margin of 11.3%, marking a 23 bps YoY improvement. The PAT reached Rs. 65 Crore, with a margin of 4.7%. The company also entered into a Joint Venture Agreement with Toyodenso and collaborated with Qualcomm to co-develop Smart Cockpit Solutions.

Key Highlights

  • Consolidated revenue of Rs. 1,386 Crore, a growth of 16.2% YoY
  • EBITDA of Rs. 156 Crore, with an EBITDA Margin of 11.3%, up 23 bps YoY
  • PAT of Rs. 65 Crore, with a PAT margin of 4.7%
  • Entered into a Joint Venture Agreement with Toyodenso
  • Collaborated with Qualcomm to co-develop Smart Cockpit Solutions
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