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Minda Industries reports 14% fall in Q3 consolidated net profit

08 Feb 2022 Evaluate

Minda Industries has reported results for third quarter ended December 31, 2021.

The company has reported a rise of 7.64% in its net profit at Rs 65.76 crore for the quarter under review as compared to Rs 61.09 crore for the same quarter in the previous year. Total income of the company increased by 12.86% at Rs 1354.51 crore for Q3FY22 as compared Rs 1200.18 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 13.50% in its net profit at Rs 118.16 crore for the quarter under review as compared to Rs 136.60 crore for the same quarter in the previous year. However, total income of the company increased by 7.13% at Rs 2,193.91 crore for Q3FY22 as compared Rs 2,047.81 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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