Lumax Industries Limited is the flagship company of the DK Jain Group. It was founded as a trading company in 1945 and today it has evolved as market leader of automobile lighting in the Indian automotive industry. In 1984, company entered into a technical collaboration with Stanley Electric Co. Ltd., Japan (SECL), which currently holds around 37.5% equity stake in the company. Other 37.5% is held by Indian promoters (D.K. Jain and family). Company has 29 manufacturing facilities across 7 states in India.
Financial Results:
Lumax Industries Ltd reported Revenues for Q1FY24 of ₹618.00 Crores up from ₹512.00 Crore year on year, a rise of 20.7%.
Total Expenses for Q1FY24 of ₹598.00 Crores up from ₹494.00 Crores year on year, a rise of 21.05%.
Consolidated Net Profit of ₹23.00 Crores up 15.0% from ₹20.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹24.73, up 16.65% from ₹21.20 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.
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