Minda Corp Q2 Results: Revenue Hits ₹1,535 Crore, Profit Grows 14%

Market Performance

The Indian stock market witnessed mixed sentiments as investors digested a series of corporate financial results. Amid broader market movements, Minda Corporation’s quarterly performance drew attention for its strong year-on-year growth.

Main News: Minda Corp Reports Record Q2 Revenue

Minda Corporation, a leading name in the Indian automotive component sector, has posted its highest-ever consolidated revenue in the second quarter of FY2026. For the quarter ending September 30, 2025:

• Consolidated Revenue: ₹1,535 crore, up 19% YoY
• EBITDA: ₹178 crore
• EBITDA Margin: 11.6%, up 22 basis points from last year
• Profit After Tax (PAT): ₹85 crore, up 13.9% YoY
• PAT Margin: 5.5%

This growth reflects strong demand across its diverse product portfolio, coupled with premiumisation strategies and an expanding customer base.

Company Details & Segment Insights

Minda Corporation has seen steady performance across both existing and emerging technology segments:

• Internal Combustion Engine (ICE) and Electric Vehicle (EV) Orders: Secured lifetime orders worth ₹3,600 crore during H1 FY2026
• H1 FY2026 Consolidated Revenue: ₹2,921 crore, a 17.7% increase YoY
• H1 EBITDA: ₹334 crore, with an 11.4% margin, up 23 basis points
• H1 PAT: ₹150 crore, 5.1% margin

The company’s focus on operational efficiency, technological innovation, and customer expansion has driven these results. Strategic wins in new technology segments, including EVs, highlight its forward-looking growth approach.

Key Drivers Behind Q2 Performance

Several factors contributed to Minda Corporation’s robust Q2 performance:

• Strong Product Portfolio: Diverse offerings in automotive components and electronic systems
• Premiumisation Strategy: Focus on high-value products, boosting revenue and margins
• Expanding Customer Base: Growth in both domestic and export markets
• Government Initiatives: Benefits from GST rationalisation and Make in India, supporting manufacturing and affordability
• Festive Demand: Seasonal uplift in automotive purchases provided additional momentum

Summary

Minda Corporation’s Q2 FY2026 results underline its resilient growth story. Consolidated revenue reached ₹1,535 crore, with PAT at ₹85 crore, marking strong double-digit growth. The company’s continued focus on operational efficiency, innovation, and customer expansion has positioned it well to leverage industry opportunities.

With strategic wins across ICE and EV segments and a diversified product portfolio, Minda Corp continues to demonstrate a strong market position in the competitive automotive components industry.