Minda Industries reports over 2-fold jump in Q3 consolidated net profit
5th Feb 2021

Minda Industries has reported results for third quarter ended December 31, 2020.

The company has reported over 2-fold jump in its net profit at Rs 61.40 crore for the quarter under review as compared to Rs 26.27 crore for the same quarter in the previous year. Total income of the company increased by 37.85% at Rs 1,086.73 crore for Q3FY21 as compared Rs 788.34 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over 2-fold jump its net profit attributed to the owners at Rs 108.40 crore for the quarter under review as compared to Rs 44.73 crore for the same quarter in the previous year. Total income of the company increased by 35.39% at Rs 1,811.73 crore for Q3FY21 as compared Rs 1,338.14 crore for the corresponding quarter previous year.