Minda Corporation Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2016 - 2020
Operating Revenue	54,950	50,562	46,511	43,001	29,759	23,679	Upgrade
Revenue	54,950	50,562	46,511	43,001	29,759	23,679	Upgrade
Revenue Growth (YoY)	12.99%	8.71%	8.16%	44.50%	25.68%	6.54%	Upgrade
Cost of Revenue	34,634	32,048	29,733	28,235	19,123	15,210	Upgrade
Gross Profit	20,316	18,514	16,778	14,766	10,636	8,469	Upgrade
Selling, General & Admin	8,893	8,082	7,453	6,434	4,832	3,899	Upgrade
Other Operating Expenses	5,099	4,666	4,143	3,652	2,827	2,383	Upgrade
Operating Expenses	16,195	14,791	13,263	11,471	8,779	7,218	Upgrade
Operating Income	4,122	3,723	3,515	3,295	1,857	1,251	Upgrade
Interest Expense	-1,071	-641	-541	-372	-282	-327	Upgrade
Interest & Investment Income	66	66	126	135	201	266	Upgrade
Earnings From Equity Investments	410.4	162	20	-99	74	39	Upgrade
Currency Exchange Gain (Loss)	-	-	-	-40	-5	-2	Upgrade
Other Non Operating Income (Expenses)	-161.5	-24	-9	-31	-18	17	Upgrade
EBT Excluding Unusual Items	3,366	3,286	3,111	2,888	1,827	1,244	Upgrade
Gain (Loss) on Sale of Investments	195	195	-	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	36	36	-10	-3	-8	-	Upgrade
Asset Writedown	1	1	3	1	13	-	Upgrade
Other Unusual Items	-	-	-	-	327	3	Upgrade
Pretax Income	3,598	3,518	3,104	2,886	2,159	1,247	Upgrade
Income Tax Expense	929.8	964	832	41	240	312	Upgrade
Earnings From Continuing Operations	2,668	2,554	2,272	2,845	1,919	935	Upgrade
Earnings From Discontinued Operations	-	-	-	-	-	-407	Upgrade
Net Income to Company	2,668	2,554	2,272	2,845	1,919	528	Upgrade
Net Income	2,668	2,554	2,272	2,845	1,919	528	Upgrade
Net Income to Common	2,668	2,554	2,272	2,845	1,919	528	Upgrade
Net Income Growth	1.93%	12.41%	-20.14%	48.25%	263.45%	-	Upgrade
Shares Outstanding (Basic)	235	235	235	235	235	226	Upgrade
Shares Outstanding (Diluted)	239	239	239	239	239	231	Upgrade
Shares Change (YoY)	-0.07%	-	-	-0.14%	3.67%	1.64%	Upgrade
EPS (Basic)	11.33	10.85	9.66	12.10	8.16	2.33	Upgrade
EPS (Diluted)	11.16	10.68	9.49	11.90	8.01	2.29	Upgrade
EPS Growth	2.10%	12.54%	-20.25%	48.56%	250.13%	-	Upgrade
Free Cash Flow	2,026	1,943	348	1,367	583	-495	Upgrade
Free Cash Flow Per Share	8.47	8.13	1.46	5.72	2.44	-2.14	Upgrade
Dividend Per Share	0.900	1.400	1.400	1.200	1.000	0.650	Upgrade
Dividend Growth	-35.71%	-	16.67%	20.00%	53.85%	85.71%	Upgrade
Gross Margin	36.97%	36.62%	36.07%	34.34%	35.74%	35.77%	Upgrade
Operating Margin	7.50%	7.36%	7.56%	7.66%	6.24%	5.28%	Upgrade
Profit Margin	4.86%	5.05%	4.88%	6.62%	6.45%	2.23%	Upgrade
Free Cash Flow Margin	3.69%	3.84%	0.75%	3.18%	1.96%	-2.09%	Upgrade
EBITDA	5,839	5,281	4,793	4,358	2,734	1,996	Upgrade
EBITDA Margin	10.63%	10.45%	10.30%	10.13%	9.19%	8.43%	Upgrade
D&A For EBITDA	1,718	1,558	1,278	1,063	877	745	Upgrade
EBIT	4,122	3,723	3,515	3,295	1,857	1,251	Upgrade
EBIT Margin	7.50%	7.36%	7.56%	7.66%	6.24%	5.28%	Upgrade
Effective Tax Rate	25.84%	27.40%	26.80%	1.42%	11.12%	25.02%	Upgrade
Revenue as Reported	55,137	50,886	46,668	43,159	30,001	24,011	Upgrade
Advertising Expenses	-	208	117	124	65	51	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.