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Minda Corporation Ltd Q4FY24; 42% fall in Profits

Minda Corporation Ltd is one of the leading automotive component manufacturing companies in India with a pan-India presence and international footprint. It is the flagship company of Spark Minda, which was part of the erstwhile Minda Group.

Financial Results:

Minda Corporation Ltd reported Revenues for Q4FY24 of ₹1,215.00 Crores up from ₹1,075.00 Crore year on year, a rise of 13.02%.

Total Expenses for Q4FY24 of ₹1,132.00 Crores up from ₹1,009.00 Crores year on year, a rise of 12.19%.

Consolidated Net Profit of ₹71.00 Crores down 41.8% from ₹122.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.96, down 41.96% from ₹5.10 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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