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Minda Corporation Ltd consolidated sales up 8.36% on year in Q2FY2026, net profit soared by 103.59%
13-Aug-2026, 04:23
Minda Corporation Ltd share price ticked higher by 2.62% to Rs 737.55 after the company's net profit surged by 103.59% to Rs 188.38 crore, while revenue from operations improved marginally 8.36% to Rs 1846.31 crore in Q2FY26 over Q1FY26. The market capitalization of Auto Components & Equipments industry group stocks on BSE stood at Rs 10.73 lakh crore, rising 4.35%. It has marginally improved by 3.14% over last one week and rallied by 19.64% in last one month while the market capitalization of Minda Corporation Ltd has improved by 2.91% and 40.47% in the same period respectively. Profit before tax (PBT) of Minda Corporation Ltd stood at Rs 236.97 crore in Q2 FY26, jumping 235.03% year-on-year, and surging by 91.99% quarter-on-quarter. EBITDA came in at Rs 210 crore, expanding by 37.26% YoY and gaining 6.20% sequentially. Total expenses inched up 9.26% to Rs 1703.49 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 1189.55 crore, advancing by 15.87% YoY, while employee benefits expense was at Rs 278.58 crore, surging 20.90% YoY. For the TTM ended FY26, revenue from operations surged 22.33% to Rs 6185.34 crore, while net profit expanded by 15.86% to Rs 277.14 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 56662% to Rs 705.86 crore, and PBT improved 14.24% to Rs 383.47 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 675.62 crore in FY26, as against Rs 544.34 crore in FY25. Minda Corporation Ltd jumped 56.46% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 2.83% during the same period.