Automobile component manufacturer, Minda Industries (MIL) the flagship company of Uno Minda Group has announced its results for the quarter and year ended on March 31, 2022.
The company says they have registered the highest ever quarterly performance with revenue of Rs. 2,415 crore in Q4 FY22 as against revenue of Rs. 2,238 crore for the previous Q4 of FY21, registering a rise of 8 percent, while it grew by 11 percent QoQ (Quarter on quarter) compared to Rs. 2,181 crore in Q3FY22.
The EBITDA for Q4 FY22 has been reported as Rs. 276 Crore versus Rs. 235 crore in Q3 FY22. Profit before tax (PBT) for Q4 FY22 was at Rs. 175 crore as against Rs. 141 crore in Q3 FY22.
PAT (MIL Share) for the quarter stood at Rs. 144 crore in Q4FY22 as against Rs. 140 crore in Q4FY21 and Rs. 101 crore in Q3FY22.
The revenue for the financial year 2021-22 stood at Rs. 8,313 crore as against Rs. 6,374 crore for FY21, registering a YoY (Year on Year) growth of 30 percent.
The EBIDTA for FY22 is Rs. 885 crores in comparison to Rs. 725 crore for the corresponding period last year. Further, the group registered a PAT (MIL Share) of Rs. 356 crore in contrast to Rs. 207 crore in the corresponding period last year.
The board has recommended a final dividend of Rs. 1 per share i.e. 50 percent of face value.