Minda Corporation has reported results for fourth quarter and year ended March 31, 2019.
The company has reported a rise of 13.45% in its net profit at Rs 18.73 crore for the quarter under review as compared to Rs 16.51 crore for the same quarter in the previous year. Total income of the company increased by 9.01% at Rs 282.60 crore for Q4FY19 as compared Rs 259.24 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a marginal rise of 1.06% in its net profit at Rs 39.08 crore for the quarter under review as compared to Rs 38.67 crore for the same quarter in the previous year. Total income of the company increased by 6.70% at Rs 778.22 crore for Q4FY19 as compared Rs 729.35 crore for the corresponding quarter previous year.
For the year ended March 31, 2019, the company has reported a rise of 50.66% in its net profit at Rs 105.58 crore as compared to Rs 70.08 crore for the previous year. Total income of the company increased by 21.59% at Rs 1,179.72 crore for year under review as compared to Rs 970.26 crore for year ended March 31, 2018.
For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 18.21% in its net profit at Rs 167.46 crore as compared to Rs 141.66 crore for the previous year. Total income of the company increased by 17.96% at Rs 3,127.47 crore for year under review as compared to Rs 2,651.23 crore for year ended March 31, 2018.
