03-Nov-2026 15:02:17
MINDACORPGeneral news
MINDACORP Q2 : CONS NET PROFIT UP 68.9% AT 143 CR (YOY), DOWN 30.7% (QOQ). STRONG (On 1st Look)
Revenue up 42.6% at ₹2,189 Cr (YOY), up 18.6% (QOQ). Ebitda up 44.7% at ₹257 Cr (YOY); margins 11.8% v 11.6% (YOY), 11.5% (QOQ). Normalized PAT up 43.0% at ₹143 Cr (QOQ); Q1FY27 included Rs 106 Cr exceptional gain from Minda Vast consolidation. EV-related products contributed ~35% of new order wins in Q2FY27. Caution: reported QoQ PAT down 30.7% on high Q1 base from the exceptional gain.
Minda Corporation Limited
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