Minda Corporation Ltd - 538962 - Schedule For Conference Call
Schedule For Conference Call20-08-2021
Minda Corporation Ltd - 538962 - Schedule For Conference Call
Schedule For Conference CallMinda Corporation Ltd - 538962 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Earnings Call TranscriptMinda Corporation Ltd - 538962 - Filing Of Clipping Of The Un- Audited Consolidated Financial Results For The Quarter Ended On June 30, 2021
Filing of clipping of the Un- Audited Consolidated Financial Results for the quarter ended on June 30, 2021Minda Corporation Ltd - 538962 - Schedule For Conference Call
Schedule for Conference CallEarnings Call for Q1FY22 of Minda Corporation
Conference Call with Minda Corporation Management and Analysts on Q1FY22 Performance and Outlook. Listen to the full earnings transcript.Minda Corporation Ltd - 538962 - Statement Of Deviation(S) Or Variation(S) For The Quarter Ended On June 30, 2021
Statement Of Deviation(S) Or Variation(S) For The Quarter Ended On June 30, 2021Q1FY22 Result Announced for Minda Corporation Ltd.
Consolidated Q1 FY22 vs Q1 FY21: Minda Corporation delivered Consolidated Revenue of Rs. 5,586 million registering a growth of 213.8% YoY. Electric Vehicle Manufacturers have given Lifetime Order of Rs.2,379 million in Q1 FY22. Minda Corporation delivered Operating Revenue of Rs. 5,586 million in Q1FY22, growth of 213.8% on YoY basis EBITDA of Rs. 308 million with margins of 5.5% in Q1FY22 as against negative Rs. (203) million in Q1FY21 Net Profit from continued operations of Rs. 71 million and PAT Margins of 1.3% in Q1 FY22 as against negative Rs.(363) million in Q1 FY21 Share of Profit in JV was Rs. 26.1 million in Q1 FY22 as against loss of Rs. (58.3) million in Q1FY21 Commenting on the results, Mr. Ashok Minda, Chairman and Group CEO said: “Despite challenging conditions, Minda Corp continued to outperform auto industry and I am pleased to report that we have delivered Revenue of Rs. 5,586 million in Q1FY22 a growth of 213.8% Y-o-Y basis. Profit After Tax from continued operations for the quarter stood at Rs. 71 million as against negative Rs. (363) million in Q1 FY21. As Minda Corporation we are giving utmost focus on Electric Vehicle space. We have received business awards of lifetime order of Rs.2,379 milion in Q1 FY22 from EV players. These orders are from both incumbent as well as new players. I am also proud to share that we have entered into a joint venture with INFAC Elecs, a South Korea based company for manufacturing of Vehicle Antenna System, a segment which has tremendous growth opportunities in India as demand for autonomous vehicles and connected mobility increases. We have continued to maintain operational efficiency to navigate through the challenges faced by the auto industry. Our primary focus in these times has been to create a very strong order book, higher operation efficiency, increase free cash flow and work towards disrupted technology. I would like to reiterate that Minda Corp will continue to remain committed towards Right Capital Allocation.” Result PDFMinda Corporation Ltd - 538962 - Earnings Presentation On The Un-Audited Financial Results For Q1 Ended On June 30, 2021
Earnings Presentation on the Un-audited Financial Results for Q1 ended on June 30, 2021Minda Corporation Ltd - 538962 - Un-Audited Financial Results For The Quarter Ended On June 30, 2021 & Limited Review Report Along With Press Release
Un-audited Financial Results for the quarter ended on June 30, 2021 & Limited Review Report along with Press ReleaseMinda Corporation Ltd - 538962 - Board Meeting Outcome for Proceedings Of Board Meeting Of Minda Corporation Limited Held On Thursday, August 12, 2021 Along With Un-Audited Financial Results For The Quarter Ended On June 30, 2021 And Limited Review Report (LRR) And Press Release
Proceedings of Board Meeting of Minda Corporation Limited held on Thursday, August 12, 2021 along with Un-Audited Financial Results for the quarter ended on June 30, 2021 and Limited Review Report (LRR) and Press Release