Minda Corp Soars: Q3 FY25 Profit Jumps 23.5%, Revenue Up 7.4%

Minda Corporation, the flagship company of Spark Minda, has reported impressive financial results for Q3 FY25. The automotive component manufacturer saw its net profit surge by 23.5% year-on-year to ₹65 crore, while revenue grew 7.4% to ₹1,253 crore. The company's EBITDA margin reached an all-time high of 11.5%. Minda Corp's strong performance is attributed to robust demand across its automotive business and strategic focus on premium and EV components. The company also announced a partnership with Flash Electronics to strengthen its EV technology portfolio, positioning itself for future growth in the evolving automotive landscape.

Source: Motoroids