English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessEarningsEarnings Pataka: Minda Ind's Q2 EBITDA rises over 70%

    Earnings Pataka: Minda Ind's Q2 EBITDA rises over 70%

    This earnings season, CNBC-TV18 digs out the companies that have stood out in terms of Q2 numbers in its ‘Earnings Pataka‘ segment. Inhouse researcher Varinder Bansal names Minda Industries and Orient Abrasives among the same.

    November 04, 2015 / 11:13 IST
       
       
      26 Aug, 2025 12:21
      Volume
      Todays L/H
      More

      CNBC-TV18 digs out the companies that have stood out in terms of Q2 numbers in its ‘Earnings Pataka’ segment. In-house researcher Varinder Bansal believes Minda Industries and Orient Abrasives to be fit to enter the ‘Earnings Pataka’ segment.Minda Industries has reported highest ever EBIDTA margin in Q2 and a strong top line growth. The company has total income increasing 10 percent to Rs 651.7 crore and had operating revenues rising 72 percent to Rs 63.1 crore. This, India’s largest player in 2 wheeler and 3 wheeler switches, has no debt. In addition, it is the second largest player in the world in horns.The second company, Orient Abrasives’ total income rose 25 percent to Rs 64.4 crore and operating revenues rose 51 percent.Watch video for more..

      first published: Jan 1, 2015 12:00 am

      Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

      Subscribe to Tech Newsletters

      • On Saturdays

        Find the best of Al News in one place, specially curated for you every weekend.

      • Daily-Weekdays

        Stay on top of the latest tech trends and biggest startup news.

      Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347