Minda Corporation Limited has reported its audited consolidated financial results for the quarter and year ending March 31, 2026.
The company has shown significant growth in both total income and net profit, marking a robust performance for the fiscal year.
In the March 2026 quarter, Minda Corporation's total income increased by 29.1% year-on-year (YoY) to ₹1,709.43 crore, compared to ₹1,324.59 crore in the same quarter of the previous year.
The income also saw a 9.3% rise quarter-on-quarter (QoQ) from ₹1,563.66 crore in the December 2025 quarter.
The net profit for the March 2026 quarter surged by 138.3% YoY to ₹124 crore, up from ₹52.03 crore in the corresponding quarter of the previous year.
The profit also rose by 47.1% QoQ from ₹84.27 crore in the December 2025 quarter.
For the financial year 2025-26, Minda Corporation's total income increased by 21.9% YoY to ₹6,200.57 crore, up from ₹5,088.63 crore in the previous year.
The net profit for the year rose by 40.3% YoY to ₹358.22 crore, compared to ₹255.37 crore in the previous fiscal year.
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The Board of Directors has recommended a final dividend of 40%, amounting to ₹0.80 per equity share with a face value of ₹2 per share for the financial year 2025-26.
This, combined with the interim dividend of 30% or ₹0.60 per share, totals a dividend of ₹1.40 per share, representing 70% for the year.
The record date for the final dividend payment is set for August 14, 2026, subject to approval at the Annual General Meeting scheduled for August 21, 2026.
As of May 22, 2026, at 3:30 PM, Minda Corporation share price on NSE was closed at ₹574.65 up by 7.04% from the previous closing price.
Minda Corporation Limited has demonstrated strong financial performance for the quarter and year ending March 31, 2026, with significant increases in both income and net profit. The proposed dividend reflects the company's commitment to delivering value to its shareholders.
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Published on: May 23, 2026, 10:14 AM IST
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