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CRISIL upgrades rating of Minda Corporation Ltd
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Company Update - Minda Corporation - Q1FY22 - ICICI Direct
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Minda Corporation Ltd reports consolidated net profit of Rs 7 11 crore in Q1 FY2021-22
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Asia Pacific Automotive Telematics Market Estimated To Experience A Hike In Growth By 2029
Published 22 hours ago
A recent market study published by Future Market Insights (FMI) on the
automotive telematics market includes industry analysis for 2014-2018 & opportunity assessment for 2019-2029 for APAC region and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical and current growth parameters of the automotive telematics market, the growth prospects of the market are obtained with maximum precision.
Automotive Telematics Market: Segmentation
The APAC automotive telematics market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.
Published: February 04, 2021, 07:39 PM IST
Minda Corporation Limited (referred to as Minda Corp or the Company ; NSE: MINDACORP, BSE: 538962), the flagship company of Spark Minda today announced its financial results for the third quarter ended December 31, 2020.
Commenting on the results & events, Mr. Ashok Minda, Chairman and Group CEO said:
On Results:- The auto industry in third quarter of FY21 saw both year-on-year and sequential growth in overall demand primarily driven by pent-up demand in channels, festive season during the period and preference for personal transport due to Covid-19.
Minda Corporation while supporting its customer also delivered Consolidated Revenue of Rs. 7,398 million, which has grown 36% as compared to Industry growth of 17% year on year for the quarter. The higher growth was due to 55% growth in Aftermarket division and also Export from India increased by more than 25%. T