Minda Corp Q4 Review - Stable Performance: Dolat Capital

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Dolat Capital Report.Minda Corporation Ltd. exhibited a stable performance in Q4. Consolidated revenues excluding Minda Instruments Ltd. stood at Rs 8.09 billion (up 19.4% YoY), fall in revenue from passenger vehicles/two-wheelers segment was offset by uptick in revenue from commercial vehicles and aftermarket segment. Ebitda margin stood at 10.9% at 882 million (flat YoY). Management is confident of outperforming the industry growth aided by strong.Aftermarket, rise in export, increasing revenue from commercial vehicles, incremental revenue from new products (electric vehicles) along with new customer wins. Minda Corp is focused on premiumisation, light weighting and increased electronic content offering in its existing product portfolios such as key-less solutions, wiring harnesses, digital clusters, door handles and cyber security..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Minda Corp Q4 Review - Stable Performance: Dolat Capital

Minda Corp Q4 Review - Stable Performance: Dolat Capital

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