Minda Industries’ Q1 net profit down 23.6% y/y to USD7.7 million

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Financial results

Revenue up marginally y/y

Minda Industries, the flagship company of the Indian auto parts supplier Uno Minda Group, has reported a 23.6% year-on-year (y/y) decrease in net income to INR534.8 million (USD7.7 million) for the first quarter ended 30 June 2019, the company said in a press release.

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