Minda Industries posts FY2018 revenue of Rs 4,471 crore, up 32%

UNO Minda Group flagship company reports record revenues for FY2018.

Autocar Professional BureauBy Autocar Professional Bureau calendar 23 May 2018 Views icon15984 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Minda Industries posts FY2018 revenue of Rs 4,471 crore, up 32%

Minda Industries, part of the UNO Minda Group, has reported record revenue of Rs 4,471 crore for FY2017-18, an increase of 32 percent YoY. The EBITDA margin of 12 percent a record high, while PAT stood at Rs 310 crore.

For Q4 2017-18 the consolidated revenue stood at Rs 1,371 crore (+52.9%) with EBITDA margin of 12.4 percent and PAT at Rs 135 crore (+140.6%).

web-img-0094

The UNO Minda Group showcased a technology demonstrator at Auto Expo 2018. TD118 showcases the Group's efforts to tap the new megatrends of autonomous and connected cars. 

The component maker’s investment of Rs 344 crore for its four new manufacturing units beginning production in the last financial year (FY2018) including Minda Rika, which manufactures switches for PVs in Gujarat, and Minda Kosei’s new plant for manufacturing alloy wheels in Gujarat have begun production in May 2018. Its speaker manufacturing unit Minda Onkyo started production at the Haryana plant in September 2017, and its RPAS (rear parking assist system) manufacturing unit at Haryana commenced production in March 2018.

Also read: UNO Minda's TD118 tech demo car offers cues to Group's new growth path

UNO Minda Group rides Dassault Systemes’ 3DExperience platform for speedier product development

 

RELATED ARTICLES
JSW MG Motor India confident of selling 1,000 M9 electric MPVs in first year

auther Autocar Professional Bureau calendar11 Jul 2025

The 5.2-metre-long, seven-seater luxury electric MPV, which will be locally assembled at the Halol plant in Gujarat, wil...

Modern Automotives targets 25% CAGR in forged components by FY2031, diversifies into e-3Ws

auther Autocar Professional Bureau calendar05 Jul 2025

The Tier-1 component supplier of forged components such as connecting rods, crankshafts, tie-rods, and fork bridges to l...

VinFast’s second plant in Vietnam goes on stream ahead of India factory

auther Autocar Professional Bureau calendar30 Jun 2025

Vietnamese EV maker’s second plant in its home market, which has a 200,000 EVs-per-annum capacity, will focus on produci...