Minda Corp just dropped strong Q1 FY27 results!

Revenue surged 33% year-over-year to ₹1,846 Cr, while EBITDA jumped 35% to ₹212 Cr.

Net profit rocketed an impressive 216% to ₹206 Cr, primarily boosted by an exceptional gain from the Minda Vast consolidation.

Growth was broad-based, with Mechatronics, Aftermarket, and Information & Connected Systems divisions delivering significant increases.

The consolidation of Minda Vast is a key strategic move to strengthen its presence in the Passenger Vehicle segment.

Recent developments include a new lifetime order book of ₹2,500 Cr, with Electric Vehicles contributing over 15%. The company continues its focus on advanced technology, filing 7 new patents this quarter and investing 3-4% of revenue in R&D. This reflects Minda Corp's push towards innovative solutions and expanding its market reach, especially in the growing EV space.