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Minda Q2 FY26 results (Jul–Sep 2025) and concall

Automobile and Auto Components · Concall AI · Call held 6 Nov 2025

Minda Corporation delivered a strong Q2 FY26, achieving its highest-ever quarterly revenue of ₹1,535 crores, a 19% YoY increase, and record EBITDA of ₹178 crores, up 21.4% YoY. This performance was driven by sustained demand, increased business share, and traction in EV and premium products. The company secured its first sunroof order and expanded its lifetime order book to over ₹3,600 crores for H1 FY26, while actively addressing challenges like the rare earth magnet issue for its associate Flash Electronics.

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What they filed

Q2 FY26: revenue up 18.1%, net profit down 25.4% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue1,058 1,037 1,083 1,135 1,249 +18%
EBITDA124 123 122 124 137 +10%
Net profit63 58 34 42 47 −25%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.