Mindteck
216.71
-2.16(-0.99%)
Market Cap₹692.48 Cr
PE Ratio24.68
Company Performance:
1D-0.99%
1M+0.31%
6M+2.81%
1Y+10.63%
5Y+525.61%
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More news about Mindteck
15Nov 25
Mindteck (India) Limited's Chairman and Managing Director Yusuf Lanewala Steps Down
Yusuf Lanewala, Chairman and Managing Director of Mindteck (India) Limited, has resigned from his position citing personal reasons. His last working day will be November 15, 2025. The company disclosed this information in compliance with SEBI regulations. Lanewala's departure marks a significant change in Mindteck's top management structure, potentially leading to a transition period as the company seeks new leadership. No successor or interim arrangement has been announced yet.
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12Nov 25
Mindteck Reports Steady Q2 Results with Consolidated Revenue at Rs 101.63 Crore
Mindteck (India) Limited announced its Q2 FY2026 results. Consolidated revenue was Rs 101.63 crore, slightly up from Q1 FY2026. Net profit stood at Rs 7.56 crore. Half-year consolidated revenue decreased to Rs 202.93 crore, but profit increased by 16.9% to Rs 16.31 crore. The company experienced leadership transitions but implemented a transition plan to ensure continuity. Mindteck focused on enhancing profitability, streamlining costs, and expanding higher-margin revenue streams.
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19Sept 25
Mindteck India Shareholders Overwhelmingly Approve Yusuf Lanewala as Chairman and Managing Director
Mindteck (India) Limited shareholders have overwhelmingly approved the appointment of Yusuf Lanewala as the new Chairman and Managing Director. The special resolution passed with 99.99% votes in favor through a postal ballot and e-voting process. Out of 23,402,223 total votes polled, 23,399,247 were in favor and only 2,976 against. The voting process, conducted entirely electronically, saw participation from 152 out of 32,781 shareholders. The scrutinizer's report confirmed the resolution's passage with the required majority.
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19Aug 25
Mindteck (India) Limited Seeks Shareholder Approval for Yusuf Lanewala's Appointment as Chairman and Managing Director
Mindteck (India) Limited has initiated a postal ballot for shareholder approval to appoint Yusuf Lanewala as Chairman and Managing Director for a one-year term from August 8, 2025, to August 7, 2026. The proposed remuneration includes a fixed pay of Rs. 1.50 crore per annum. E-voting will run from August 21 to September 19, 2025. Lanewala, 71, brings over four decades of IT industry experience. Mindteck's financial performance shows growth, with turnover increasing from Rs. 1,295.10 million in FY 2022-23 to Rs. 1,550.90 million in FY 2024-25.
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07Aug 25
Mindteck Appoints Yusuf Lanewala as Chairman and Managing Director Amid Q1 Financial Results
Mindteck Ltd has appointed Yusuf Lanewala as Chairman and Managing Director, effective August 8, 2025. For Q1 FY2025-26, the company reported consolidated revenue of Rs. 101.30 crore, down from Rs. 108.15 crore in Q1 FY2024-25. However, net profit after tax increased to Rs. 8.75 crore, up 37.15% year-over-year. Despite revenue challenges, the company improved profitability through financial prudence and better resource utilization. Changes in the Nomination and Remuneration Committee were also announced.
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07Aug 25
Mindteck India Reports Mixed Q1 FY2026 Results: Net Profit Up 37% Despite Revenue Decline
Mindteck, a global engineering and technology solutions company, reported a 37.15% increase in consolidated net profit to ₹8.75 crore for Q1 FY2026, despite a 6.33% decline in consolidated revenue to ₹101.30 crore. The company's standalone net profit grew by 20.73% to ₹4.66 crore, while standalone revenue fell by 15.18% to ₹35.15 crore. Consolidated EPS (Basic) improved by 34.98% to ₹2.74. The company also announced the appointment of Mr. Yusuf Lanewala as Chairman and Managing Director, effective August 8, 2025.
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23May 25
Mindteck (India) Reports Q4 Profit Growth, Revenue Up 8.74% YoY with Improved EBITDA
Mindteck (India) Limited announced its Q4 financial results, showing growth in both profit and revenue. The company's consolidated net profit increased by 9.72% to ₹7.90 crore, while revenue rose by 8.74% to ₹105.80 crore compared to the same quarter last year. EBITDA improved to ₹8.60 crore with a margin of 8.13%. For the full fiscal year, Mindteck reported a 14.49% increase in annual revenue to ₹385.50 crore and a 31.25% rise in net profit to ₹27.30 crore.
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Mindteck
216.71
-2.16
(-0.99%)
1 Year Returns:+10.63%
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