India, Nov. 4 -- Auto component major Minda Corporation Ltd. has reported a 68.2% year-on-year (YoY) increase in its consolidated net profit to Rs.143 crore in Q2 FY27. In comparison, the company clocked a net profit of Rs.85 crore in the July-September period of FY26. Minda also stated in its release that revenue from operations rose 42.6% YoY to Rs.2,189 crore in Q2 FY27. This profit growth was driven by strong revenue growth, claimed the component manufacturer.

Minda Corporation manufactures key automotive components, such as switches, driver information systems, access control products, sensors, motors, turbochargers, electric vehicle powertrains, and fuel pumps across different vehicle segments. The company further claimed that its ...