Minda Corporation, the flagship company of Spark Minda, said on Thursday that it has achieved its highest-ever quarterly revenue of ₹1,535 crore, registering a growth of 19% year-on-year. It attributed the growth in revenue to a stronger product portfolio, an expanding customer base, and a focus on premiumisation. 

The company reported an Ebitda of ₹178 crore and an Ebitda margin of 11.6%, an improvement of 22 basis points year-on-year. It recorded a net profit of ₹85 crore, and a PAT margin of 5.5%. During the first half of fiscal year 2026, the company secured lifetime orders totalling over ₹3,600 crore. It also secured marquee orders across both existing and emerging technology products, achieving multiple, first-time strategic wins in the ICE and EV segments.

In the first half of the year, the company reported a consolidated revenue of ₹2,921 crore, a growth of 17.7% year-on-year, an Ebitda of ₹334 crore, with an Ebitda margin of 11.4%, up 23 basis points year-on-year, and a PAT of ₹150 Crore, with a PAT margin of 5.1%.

“In the second quarter and the first half of FY26, we delivered a steady performance supported by our strong market position and sustained demand across key vehicle segments. Our focus on operational efficiency, technological innovation, and an expanding customer base has helped us maintain growth momentum despite a dynamic industry environment,” said Ashok Minda, chairman and group CEO, in a statement.

According to Minda, the recent GST rationalisation, aimed at reducing cost burdens across the value chain, together with the government’s continued push under Make in India, is expected to support demand, improve affordability, and strengthen domestic manufacturing. “The festive season provided positive momentum to overall automotive demand, and we continued to outperform industry growth, reflecting the strength of our diversified portfolio and customer relationships,” he added.

As Minda Corporation moves forward, it remains focused on expanding its product portfolio through sustained investments in R&D and strategic partnerships, Minda avers. “The company continues to enhance its presence in the electric vehicle segment, improve operational efficiencies, and pursue long-term growth by leveraging new technologies and expanding its reach across both domestic and export markets.”