MINDACORP

Q1 FY26: Highest-ever revenue of ₹1,386 Cr, up 16% YoY

Minda Corporation reported its highest-ever quarterly revenue of ₹1,386 crore, a 16% year-on-year growth. EBITDA reached a record ₹156 crore, up 19% year-on-year, with an 11.3% margin. Profit before tax (PBT) stood at ₹71 crore with a 5.1% margin, impacted by higher financial costs and depreciation. Profit after tax (PAT) was ₹65 crore, with a 4.7% margin. The company's order book exceeds ₹1,300 crore, with over 30% from new energy vehicles. Minda Corporation received ₹105 crore from the promoter entity for share warrants, used to repay debt. Six new patents were filed during the quarter, bringing the total portfolio to over 110. Acquired 32 acres of land in Aurangabad, Maharashtra, for future expansion.