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Minda Industries turns black in Q1

16 Aug 2021 Evaluate

Minda Industries has reported results for first quarter ended June 30, 2021.

The company has reported net profit at Rs 4.71 crore for the quarter under review as compared to net loss of Rs 59.01 crore for the same quarter in the previous year. Total income of the company reported 3- fold jump at Rs 888.79 crore for Q1FY22 as compared Rs 261.20 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit attributable to owners at Rs 15.42 crore for the quarter under review as compared to net loss of Rs 134.50 crore for the same quarter in the previous year. Total income of the company reported 3- fold jump at Rs 1608.69 crore for Q1FY22 as compared Rs 474.02 crore for the corresponding quarter previous year.

Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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