Minda Corporation Limited the flagship company of Spark Minda, announced its financial results for the quarter and nine months ended December 31, 2025.

Minda Corp reported its highest-ever quarterly revenue of Rs 15,600 million, registering a year-on-year growth of 24.6 per cent and outperforming industry growth and consensus estimates. The performance was driven by a strong product portfolio, an expanding customer base and a continued focus on product premiumisation. Quarterly EBITDA stood at Rs 1,840 million, with a margin of 11.8 per cent, reflecting a 30 bps year-on-year improvement. Profit Before Tax (PBT) was Rs 970 million, with a margin of 6.2 per cent, while reported Profit After Tax (PAT) reached Rs 840 million, with a margin of 5.4 per cent.

For the nine months ended December 31, 2025 (9MFY26), the Company reported EBITDA of Rs 5,180 million, with a margin of 11.6 per cent, marking a 26 bps year-on-year improvement. Profit Before Tax (PBT) stood at Rs 2,600 million, with a margin of 5.8 per cent, while reported Profit After Tax (PAT) reached Rs 2,340 million, with a margin of 5.2 per cent.

The Company appointed Ajay Agarwal as Group Chief Financial Officer (GCFO) and Key Managerial Personnel (KMP), in addition to his existing role as President – Finance & Strategy, with effect from February 05, 2026.

Commenting on the performance, Ashok Minda, Chairman and Group CEO, said, “In Q3 and 9M FY2026, Minda Corporation built on its strong foundation to deliver consistent growth in a dynamic market. Demand remained resilient across key vehicle categories, particularly in the two-wheeler and commercial vehicle segments. The positive impact of GST rationalisation, trade deals with the EU and UK, tariff rate rationalisation with the US, and other progressive fiscal measures will enhance competitiveness and strengthen access to sophisticated automotive markets. We remain focused on operational efficiency, strategic alliances and disciplined execution to deliver sustainable value.”

In recognition of shareholders, the Board has recommended an interim dividend of 30 per cent on the face value, amounting to Rs 0.60 per equity share.