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Press Releases: Minda Corporation reports highest ever quarterly PAT of Rs. 495 million with growth of 91.5% on Q-o-Q basis - Vimarsana News

Press Releases: Minda Corporation reports highest ever quarterly PAT of Rs. 495 million with growth of 91.5% on Q-o-Q basis

Published: February 04, 2021, 07:39 PM IST Minda Corporation Limited (referred to as "Minda Corp" or the "Company"; NSE: MINDACORP, BSE: 538962), the flagship company of Spark Minda today announced its financial results for the third quarter ended December 31, 2020. Commenting on the results & events, Mr. Ashok Minda, Chairman and Group CEO said: On Results:- "The auto industry in third quarter of FY21 saw both year-on-year and sequential growth in overall demand primarily driven by pent-up demand in channels, festive...

Minda Corporation Ltd reports Q3FY21 consolidated PAT at Rs. 49.48 crore - Vimarsana News

Minda Corporation Ltd reports Q3FY21 consolidated PAT at Rs. 49.48 crore

Minda Corporation Ltd reports Q3FY21 consolidated PAT at Rs. 49.48 crore Posted On: Minda Corporation Ltd has reported financial results for the period ended December 31, 2020. Financial Results (Q3 FY20-21) - QoQ Comparison The company has reported total income of Rs.749.47 crores during the period ended December 31, 2020 as compared to Rs.663.55 crores during the period ended September 30, 2020. The company has posted net profit / (loss) of Rs.49.48 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.25.82 crores for the period ended September 30, 2020. The co...

I-direct Instinct - Minda Corporation - Vimarsana News

I-direct Instinct - Minda Corporation

I-direct Instinct - Minda Corporation 2020-12-27 22:59:21 (Time Zone: Arizona, USA) Minda Corporation (MCL) is the flagship company of the Spark Minda group and is a leading auto ancillary player supplying key auto components to domestic & global OEMs. Post its restructuring i.e. hive off of the European business, it has a well-diversified presence across segments with 2-W, CV, PV and aftermarket constituting ~53%, 23%, 10%, 14% of its sales (FY20), respectively. In terms of geographies, it realises ~85% of sales from India and rest ~15% from overseas. In terms of customer profile, the c...