Minda Corporation consolidated net profit rises 487.15% in the March 2022 quarter

Sales rise 19.35% to Rs 947.76 crore

Net profit of Minda Corporation rose 487.15% to Rs 75.86 crore in the quarter ended March 2022 as against Rs 12.92 crore during the previous quarter ended March 2021. Sales rose 19.35% to Rs 947.76 crore in the quarter ended March 2022 as against Rs 794.09 crore during the previous quarter ended March 2021.

For the full year,net profit rose 263.41% to Rs 191.88 crore in the year ended March 2022 as against Rs 52.80 crore during the previous year ended March 2021. Sales rose 25.68% to Rs 2975.94 crore in the year ended March 2022 as against Rs 2367.94 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales947.76794.09 19 2975.942367.94 26 OPM %11.375.96 -9.907.44 - PBDT104.8246.91 123 287.78173.67 66 PBT71.9222.75 216 175.7480.03 120 NP75.8612.92 487 191.8852.80 263

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