Minda Corporation reports 6% rise in Q2 consolidated net profit

Minda Corporation has reported results for second quarter ended September 30, 2018. The company has reported a rise of 56.55% in its net profit at Rs 45.18 crore for the quarter under review as compared to Rs 28.86 crore for the same quarter in the previous year. Total income of the company increased by 33.25 … Read more

India Ratings upgrades Minda Corporation’s long term issuer rating

India Ratings and Research (Ind-Ra) has upgraded Minda Corporation’s Long Term Issuer Rating to ‘AA-’ from ‘A+’. Rating upgrade highlights strengthening of the business portfolio and financials of Minda Corporation largely aided by a growth in its core business, both domestic and exports. The company has also increased its focus on technological driven products like … Read more

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