Minda Corporation Reports 138% Profit Surge Amid Strategic EV Pivot
Minda Corporation, a leading automotive component manufacturer based in India, reported a staggering 138% year-on-year surge in net profit to ₹124 crore for the fourth quarter ending March 31, 2024. This financial performance, bolstered by robust demand across its core automotive segments, underscores the company’s aggressive transition toward electric vehicle (EV) electronics and advanced connected…