Minda Corporation Limited. Q4 results show revenue rise from 1072.99 to 1076.94 crores, a 0.37% increase in growth. EPS also rise from ₹2.19 to ₹5.10, up by 132.88%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Minda Corporation Ltd. shared its Q4 results on Friday. They earned 1076.94 crores in revenue this quarter, but that’s higher than the 1072.99 crores they made last quarter. The company’s growth increased by 0.37 percent when comparing the two quarters.
In terms of profits, Minda Corporation Ltd’s PAT (Profit After Tax) for this quarter was 121.94 crores, up from 52.26 crores in the previous quarter. Their quarter-to-quarter growth inclined by 133.33 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹5.10, which is an increase of 132.88% from the ₹2.19 EPS in the previous quarter.
Also read: ☞ ” Godrej Industries Q4FY23 Results: Consolidated PAT Rises to Rs 300.08 Cr “
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 4315.92 crores this year (2023), which is 43.86 percent higher than last year’s total revenue of 3000.09 crores.
This year’s PAT (Profit After Tax) is 284.50 crores, which is also 48.27% higher than last year’s PAT of 191.88 crores.
The EPS (Earnings Per Share) for this year is ₹11.89, which is 48.44% more than the EPS of ₹8.01 earned last year.
Minda Corporation Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹0.80 per Equity Share of Face Value of ₹2 each of the Company (40% of Face Value). Total Dividend for FY23 stood at ₹1.40 per Equity Share (Interim Dividend of ₹10 per Equity Share)
| Dividend | Record Date |
| ₹0.80 per Equity Share | Coming Soon |
The record date for the dividend has not arrived yet.
About Minda Corporation:
Minda Corporation Limited, headquartered in India, is a holding company primarily involved in the manufacturing and assembly of safety and security systems, along with their associated components, for the automotive industry.
Download Full PDF Q4 Results of Minda Corporation: Click Here
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