Minda Corporation Reports Strong Q1 FY25 Results
Minda Corporation Limited, the flagship company of Spark Minda, has announced its financial results for the first quarter ending June 30, 2024.
Quarterly Financial Performance
Minda Corporation posted a consolidated revenue of ₹1,192 crore for Q1 FY25, reflecting an 11.0% year-on-year increase. The company achieved an EBITDA of ₹132 crore, with an EBITDA margin of 11.1%, up by 38 basis points compared to the previous year. Profit Before Tax (PBT) stood at ₹84 crore, representing a margin of 7.0%...
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