'
Minda
Corporation hosted a conference call on Feb 6, 2025. In the conference call,
the company was represented by, Aakash Minda – Executive Director, and Vinod
Raheja – Group CFO.
Key takeaways of the call
In
Q3 FY25, the company achieved its highest ever EBITDA margin.
In
Q3 FY25, Mechatronics and Aftermarket segment reported 6% YoY growth supported
by Strong domestic 2W demand. Information & Connected Systems segment grew
9% YoY.
During
9M FY25, Mechatronics and Aftermarket segment grew 10% YoY and Information
& Connected Systems segment grew 8% YoY.
In
Q3 FY25, PV segment showed steady growth, driven by strong growth during the
festive season, fueled by higher demand for hatchbacks and increased discounts.
CV segment growth faced challenges with declining demand attributed to extended
monsoons, adverse weather conditions, and decreased inf...
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