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Minda Corporation Ltd Q3 FY25 Results

MINDACORPQ3 FY25 Results
Filing
MetricValue ( Cr)vs Q2 FY25
Revenue1.3K2.9%
Total Income1.3K3.1%
Expenditure1.2K2.9%
PBT90.395.8%
Net Profit64.8012.8%
OPM1.52%0.18pp
NPM5.10%0.34pp
EPS2.7513.0%
View full financials

Minda Corp Reports Q3 FY25 Revenue of Rs. 1,253 Cr, Up 7.4% YoY; EBITDA at Rs. 144 Cr with 11.5% Margin; PAT at Rs. 65 Cr, Up 23.5% YoY

06 Feb 2025 · 6 Feb 2025, 08:56 pm

Summary

Minda Corporation Limited, the flagship company of Spark Minda, announced its financial results for the second quarter and half-year ended December 31, 2024. The company achieved a consolidated revenue of Rs. 1,253 Crore in Q3 FY25, representing a 7.4% YoY growth. EBITDA stood at Rs. 144 Crore with an EBITDA margin of 11.5%, up 32 bps YoY. PAT reached Rs. 65 Crore, an increase of 23.5% YoY. Minda Corp has formed a strategic partnership with Flash Electronics to create the fastest-growing EV platform in the country. The Board of Directors has recommended an interim dividend of 25% on the face value.

Key Highlights

  1. 1

    Consolidated revenue of Rs. 1,253 Crore in Q3 FY25, a 7.4% YoY growth

  2. 2

    EBITDA of Rs. 144 Crore with an EBITDA margin of 11.5%, up 32 bps YoY

  3. 3

    PAT of Rs. 65 Crore, an increase of 23.5% YoY

  4. 4

    Strategic partnership with Flash Electronics for the fastest-growing EV platform

  5. 5

    Recommended interim dividend of 25% on the face value

Management Comments

M

Mr. Ashok Minda

Spark Minda is navigating a dynamic industry landscape with a firm commitment to building a sustainable, future-ready business. By strengthening our foundation and accelerating investments in cutting-edge technology, we are driving innovation and operational excellence. This strategic approach enables us to adapt to industry shifts while delivering lasting value to our customers and stakeholders. With a clear growth roadmap, we continue to enhance efficiency, expand capabilities, and ensure long-term success.

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