Lumax Auto Technologies Ltd. Corporate Filings & Announcements

Auto Parts & Equipment company Lumax Auto Technologies announced Q3FY25 results Revenue for Q3FY25 stood at Rs 906 crore; compared to Rs 732 crore in Q3FY24, up by 24% YoY; Highest ever single quarter revenue EBITDA for Q3FY25 stood at Rs 127 crore; up by 9% YoY, EBITDA margin at 14.0% Profit after Tax (PAT) before Minority Interest stood at Rs 56 crore compared to Rs 48 crore in Q3FY24 up by 17% YoY Anmol Jain, MD, Lumax Auto Technologies said, "We are delighted to announce yet another milestone quarter, achieving our highest-ever quarterly revenue of Rs 906 crore, marking an impressive year-on-year growth of 24%. Additionally, our EBITDA reached an all-time high of Rs 127 crore, with margins at 14%. This outstanding performance has been driven by robust performance in standalone business with two main customers Bajaj Auto & HMSI witnessing strong growth coupled with strong growth in subsidiaries. This quarter witnessed better demand in the passenger vehicle (PV) segment, supported by a buoyant festive season and attractive OEM discounts that helped uplift consumer sentiment. The two-wheeler segment also experienced sustained momentum, driven by an improving consumer outlook with demand notably stronger in premium models compared to the entry-level segment. In response to evolving market dynamics, we remain committed to enhancing our product portfolio and increasing our kit values across both PV and twowheeler categories. By introducing new and advanced offerings in collaboration with our esteemed joint venture partners from across the globe, we continue to strengthen our position as a key supplier to OEMs. A significant milestone for us this quarter was the successful completion of our acquisition of Greenfuel Energy Solutions. This strategic move marks our entry into the alternate fuel space, aligning with our vision for sustainable and innovative growth. The acquisition not only complements our existing business but also presents an exciting opportunity to drive synergies and expand our capabilities in clean energy solutions. As we move forward, we remain focused on delivering excellence through innovation, strategic growth initiatives, and strong execution. With a customer-centric approach and a commitment to sustainability, we are confident in our ability to drive long-term value for all stakeholders. Result PDF

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Lumax Auto Technologies Ltd. Corporate Filings & Announcements

Latest corporate announcements and filings from Lumax Auto Technologies Ltd. on BSE