Minda Corporation has announced its financial results for the first quarter of FY27, reporting a consolidated revenue of ₹1,846 crore, a significant 33.2% increase year-on-year. The company also achieved an EBITDA of ₹212 crore with an improved margin of 11.5%. Profit After Tax (PAT) stood at ₹206 crore, reflecting a 215.8% jump. The results highlight strong operational performance and growth in key automotive segments.
Minda Corporation Reports Strong Q1 FY27 Performance
Minda Corporation has unveiled robust financial results for the first quarter of the fiscal year 2027 (ended June 30, 2026). The company’s consolidated revenue reached ₹1,846 crore, marking a substantial year-on-year growth of 33.2%. This impressive performance underscores the company’s expanding market presence and effective strategy execution.
Key Financial Highlights
The company reported an EBITDA of ₹212 crore for the quarter, with an improved EBITDA margin of 11.5%, an increase of 19 basis points compared to the previous year. Profit Before Tax (PBT) saw a remarkable surge of 235.0% to ₹237 crore, with a margin of 12.8%. Following these positive results, Profit After Tax (PAT) stood at ₹206 crore, demonstrating a significant 215.8% year-on-year growth, with a PAT margin of 11.2%.
Operational Strengths and Strategic Investments
Minda Corporation’s operational front demonstrated strong growth, driven by its product portfolio, customer additions, and focus on premium products. The company continues to invest in strategic partnerships and new product development across its group companies, including Spark Minda Green Mobility Systems Private Limited and Minda HCMF Technologies Private Limited, to support its business expansion.
Furthermore, the company has advanced its integration of Minda VAST into Minda Corporation, strengthening its vehicle segment and expanding its vehicle access systems portfolio. This strategic move aims to enhance its capabilities in areas such as automotive locks, latches, handles, immobilizers, passive entry systems, and power access solutions.
Leadership Outlook
Mr. Ashok Minda, Chairman and Group CEO, commented, “The first quarter of FY27 reflected strong growth momentum, supported by strong demand across key vehicle segments and continued execution across our businesses. During the quarter, we strengthened our technology capabilities through strategic partnerships, expanded our order pipeline with new business wins, and continued to invest in innovation and product development to address the evolving needs of the automotive industry.” He added, “As the industry transitions towards smarter, connected and electrified mobility, we remain focused on operational excellence, technology leadership and creating sustainable value for all our stakeholders.”
Source: BSE
