Minda Corporation Limited has announced the approval of its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company’s Board of Directors also greenlit an additional investment of up to ₹18 Crores in its joint venture, Spark Minda Toyodenso India Private Limited, increasing its total stake to ₹60 Crores.
Minda Corporation Board Approves Financials and JV Investment
Minda Corporation Limited’s Board of Directors convened on August 13, 2026, to consider and approve key corporate actions. The meeting resulted in the sanction of the Unaudited Standalone and Consolidated Financial Results for the quarter that concluded on June 30, 2026. A limited review report for these financial results was also approved.
Strategic Joint Venture Investment
Furthermore, the Board approved a strategic move to enhance its stake in a significant joint venture. An additional investment of up to ₹18 Crores has been sanctioned for Spark Minda Toyodenso India Private Limited. This investment will be made through the subscription of 1.80 crore equity shares at ₹10 each. Following this allotment, Minda Corporation’s total investment in the joint venture will rise to ₹60 Crores, representing 6 Crore equity shares.
Key Financial Highlights (Q1 FY27)
The unaudited standalone financial results for the quarter ended June 30, 2026, show total income of ₹1,40,264 lakhs and a profit before tax of ₹8,238 lakhs. The profit after tax for the period stood at ₹6,113 lakhs. Consolidated figures indicate a total income of ₹1,84,793 lakhs and a profit after tax of ₹20,625 lakhs.
Source: BSE
