Minda Corporation announced its financial results for Q2 2026, reporting a record consolidated revenue of Rs. 1,535 Crore, a 19.0% increase YoY. The company also achieved an operating profit of Rs 178 Crore with an operating margin of 11.6%. In H1 FY2026, the company secured lifetime orders totaling over Rs. 3,600 crores. This strong performance is attributed to a robust product portfolio and expanding customer base.
Financial Performance Highlights
Minda Corporation has delivered its highest-ever consolidated revenue of Rs. 1,535 Crore and operating profit of Rs 178 Crore with an operating margin of 11.6% for the second quarter of FY2026 (July-September).
Q2 FY2026 Performance
Key highlights for Q2 FY2026 include:
- Consolidated Revenue: Rs. 1,535 Crore, a growth of 19.0% YoY
- EBITDA: Rs. 178 Crore, with an EBITDA Margin of 11.6%, up 22 bps YoY
- PAT: Rs. 85 Crore, with a PAT margin of 5.5%
H1 FY2026 Performance
Key highlights for H1 FY2026 (April-September) include:
- Consolidated Revenue: Rs. 2,921 Crore, a growth of 17.7% YoY
- EBITDA: Rs. 334 Crore, with an EBITDA Margin of 11.4%, up 23 bps YoY
- PAT: Rs. 150 Crore, with a PAT margin of 5.1%
Order Book and Future Outlook
In H1 FY2026, the company secured lifetime orders totaling over Rs. 3,600 crores. Minda Corp also secured marquee orders across both existing and emerging technology products, achieving multiple first-time strategic wins in the ICE and EV segments.
Chairman’s Comments
Mr. Ashok Minda, Chairman and Group CEO, commented, “In Q2 and H1 FY26, we delivered a steady performance supported by our strong market position and sustained demand across key vehicle segments. Our focus on operational efficiency, technological innovation, and an expanding customer base has helped us maintain growth momentum despite a dynamic industry environment.” He also added, “As we move forward, we remain focused on expanding our product portfolio through sustained investments in R&D and strategic partnerships.”
Source: BSE
