Minda Corporation Limited manufactures and sells mechanical and electronic security systems, electronic controllers, and die casting parts to the automobile original equipment manufacturers and consumer durable industries in India. It provides lock sets with conventional keys, two track keys, four track keys, and snake biting keys, as well as immobilizers, and answerback/vehicle locator detection units and hands free security systems; and interior systems and after market products. The company’s products are applicable in two and three wheelers, as well as passenger, commercial, and off road vehicles. Minda Corporation Limited also exports its products to the United States, the United Kingdo...
Founded in 1958
Minda Corporation Limited Reports Audited Consolidated and Standalone Earnings Results for the Year Ended March 31, 2016
Sep 29 16
Minda Corporation Limited reported audited consolidated and standalone earnings results for the year ended March 31, 2016. For the year, on standalone basis reported, total revenue of INR 7,090,243,668 against INR 6,537,566,661 a year ago. Profit from continuing operations before tax was INR 650,836,904 against INR 487,765,307 a year ago. Profit from operating activities after tax was INR 464,760,172 against INR 348,766,225 a year ago. Basic and diluted earnings per share was INR 2.22 against INR 1.67 per share a year ago. Net cash generated from operating activities was INR 877,329,406 against INR 503,562,836 a year ago. Purchase of fixed assets was INR 287,861,711 against INR 205,259,339 a year ago.
For the year, on consolidated basis reported, total revenue of INR 24,628,115,641 against INR 19,933,022,777 a year ago. Profit from continuing operations before tax, share in associates and minority interest was INR 1,465,378,572 against INR 1,107,333,322 a year ago. Profit for the year was INR 1,072,702,924 against INR 895,252,161 a year ago. Basic and diluted earnings per share was INR 5.12 against INR 4.28 per share a year ago. Net cash generated from operating activities was INR 2,257,664,471 against INR 3,041,700,402 a year ago. Purchase of fixed assets was INR 980,968,830 against INR 869,862,328 a year ago.
Minda Corporation Limited Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2016
Sep 24 16
Minda Corporation Limited reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported EBITDA was INR 626 million compared to INR 491 million a year ago. Net debt was INR 5,234 million compared to INR 4,548 million a year ago.