Minda Corporation reported its highest-ever consolidated revenue of ₹1,535 Crore and operating profit of ₹178 Crore, with an operating margin of 11.6% for Q2 FY2026. This performance was driven by a strong product portfolio, an expanding customer base, and a focus on product premiumization. The company secured new lifetime orders totaling over ₹3,600 crores in H1 FY2026.
Exceptional Financial Performance
Minda Corporation Limited announced its financial results for Q2 and H1 FY2026, showcasing significant growth and profitability.
- Consolidated Revenue (Q2 FY2026):₹1,535 Crore, up 19.0% YoY.
- EBITDA (Q2 FY2026):₹178 Crore, with an EBITDA Margin of 11.6%, a 22 bps increase YoY.
- PAT (Q2 FY2026):₹85 Crore, resulting in a PAT margin of 5.5%.
The company’s performance in the first half of the financial year was equally impressive:
- Consolidated Revenue (H1 FY2026):₹2,921 Crore, a growth of 17.7% YoY.
- EBITDA (H1 FY2026):₹334 Crore, with an EBITDA Margin of 11.4%, up 23 bps YoY.
- PAT (H1 FY2026):₹150 Crore, achieving a PAT margin of 5.1%.
New Order Wins and Future Outlook
In H1 FY2026, Minda Corp secured lifetime orders totaling over ₹3,600 crores. The company is focused on expanding its product portfolio through investments in R&D and strategic partnerships, enhancing its presence in the electric vehicle segment, and improving operational efficiencies. The recent GST rationalization is also expected to support demand and strengthen domestic manufacturing.
Leadership Insight
Mr. Ashok Minda, Chairman and Group CEO, stated that the company delivered a steady performance supported by its strong market position and sustained demand. He emphasized the company’s focus on operational efficiency, technological innovation, and expanding its customer base to maintain growth momentum.
Source: BSE
