Minda Corporation posts record quarterly revenue of ₹1,704 cr
Operating profit climbed 33% as the automotive supplier closed FY26 with a 40% jump in annual net profit.
— 2 earlier stories on Minda Corporation Ltd. →What's new
- Q4 revenue hit a record ₹1,704 cr, a 29% increase over the previous year.
- Full-year revenue reached ₹6,185 cr, up 22.3% for the fiscal period.
- Board declared a total annual dividend of ₹1.40 per equity share.
Why it matters
Minda is delivering efficiency gains that outpace its top-line growth. With operating margins expanding and profit after tax surging 138% in the final quarter, the company is successfully converting higher volumes into bottom-line returns.
What we're watching
- Sustainment of margins as the company scales production.
- Commentary on the growth outlook for the automotive sector in FY27.
- Cash flow conversion rates in the upcoming annual report.
The full read
Minda Corporation finished the financial year with its strongest quarter to date. Revenue for the three months ending March 31, 2026, hit ₹1,704 crore, representing a 29% increase from the prior year. Efficiency gains were evident as operating profit grew faster than sales, rising 33% to ₹203 crore.
Profit doubled.
Net income surged to ₹124 crore for the quarter, capping an annual cycle where total revenue climbed 22.3% to ₹6,185 crore and annual net profit rose 40% to ₹358 crore. Shareholders will receive a final dividend of ₹0.80, bringing the total annual payout to ₹1.40 per share, which confirms management's ability to maintain high-water-mark results across its existing portfolio despite a cooling competitive landscape in the broader automotive sector.