Staff Writer
New Delhi: Minda Corporation Limited on Thursday reported its highest-ever consolidated revenue and operating profit for FY26, driven by strong demand across key automotive segments and an expanding product portfolio.
The company posted consolidated revenue of Rs 6,185 crore for the financial year ended March 31, 2026, marking a 22.3 per cent year-on-year growth. Operating profit stood at Rs 721 crore, with an operating margin of 11.7 per cent.
For the fourth quarter of FY26, the company reported a consolidated revenue of Rs 1,704 crore, up 29 per cent year-on-year. EBITDA for the quarter came in at Rs 203 crore with a margin of 11.9 per cent, while profit after tax (PAT) rose to Rs 124 crore, registering a margin of 7.3 per cent.
For the full year, EBITDA stood at Rs 721 crore with a margin of 11.7 per cent, while profit before tax was Rs 383 crore and PAT reached Rs 358 crore, reflecting a 40.3 per cent year-on-year growth.
Minda Corp said its performance was supported by demand in the two-wheeler and commercial vehicle segments, along with focus on premiumisation and a diversified customer base. The company also highlighted continued investments in research and development and technology partnerships as key growth drivers.
During the year, the company strengthened its global technology roadmap through two strategic partnerships, including a joint venture with Japan’s Toyodenso Co Ltd for automotive switches and an agreement with UK-based Turntide Technologies for electric vehicle powertrain solutions.
Chairman and Group CEO Ashok Minda said FY26 was a year of consistent execution despite a dynamic market environment, adding that policy support such as GST rationalisation and the Make in India initiative aided cost efficiency and improved affordability.
The board has recommended a final dividend of 40 per cent, or Rs 0.80 per equity share, taking the total dividend for the year to 70 per cent or Rs 1.40 per share.
