Minda Corporation announced that the 39th Annual General Meeting(AGM) of the company will be held on 14 August 2024.Powered by Capital Market - Live News

Minda Corporation announced that the Board of Directors of the Company at its meeting held on 22 May 2024, inter alia, have recommended the final dividend of Rs 0.9 per equity Share (i.e. 45%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Minda Corporation declined 41.98% to Rs 70.75 crore in the quarter ended March 2024 as against Rs 121.94 crore during the previous quarter ended March 2023. Sales rose 13.07% to Rs 1214.98 crore in the quarter ended March 2024 as against Rs 1074.55 crore during the previous quarter ended March 2023.For the full year,net profit declined 20.13% to Rs 227.22 crore in the year ended March 2024 as against Rs 284.50 crore during the previous year ended March 2023. Sales rose 8.16% to Rs 4651.14 crore in the year ended March 2024 as against Rs 4300.14 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales1214.981074.55 13 4651.144300.14 8 OPM %11.4010.88 -11.0610.73 - PBDT135.88107.45 26 474.28436.53 9 PBT92.2568.89 34 308.48298.47 3 NP70.75121.94 -42 227.22284.50 -20 Powered by Capital Market - Live News

The Board of Minda Corporation at its meeting held on 22 May 2024 has approved the appointment of Laxman Ramnarayan (DIN: 03033960) as an Additional/ Independent Director of the Company w.e.f. 22 May 2024. Powered by Capital Market - Live News

Minda Corporation will hold a meeting of the Board of Directors of the Company on 22 May 2024Powered by Capital Market - Live News