Prominent PV ancillary, levers for industry leading growth: Passenger Vehicle (PV) domain contributed the maximum ~53% of sales at Lumax Auto in FY26. LAT's prominent presence in PV space is resultant of its acquisition of IAC India (now a wholly owned subsidiary), which has bolstered its product portfolio, particularly in plastic interior modules, and also expanded its business with OEMs like M&M, which is outperforming in the PV space domestically. It is present in new launches such as Maruti Suzuki Victoris, M&M XUV 7XO & XEV 9S. Lumax is increasingly becoming...