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Lumax Auto Technologies Ltd Q3FY24; 71% rise in Profits

Lumax Auto Technologies Ltd was incorporated in 1981 and is a part of the D.K. Jain Group of companies. It is engaged in the business of manufacturing and supplying of Automotive Lamps, Plastic Moulded Parts, and Frame Chassis to two, three, and four-wheeler segments It has Partnerships with 7 Global players like Yokowo(Japan), JOPP(Germany), and few others.

Financial Results:

Lumax Auto Technologies Ltd reported Revenues for Q3FY24 of ₹732.00 Crores up from ₹445.00 Crore year on year, a rise of 64.49%.

Total Expenses for Q3FY24 of ₹675.00 Crores up from ₹413.00 Crores year on year, a rise of 63.44%.

Consolidated Net Profit of ₹48.00 Crores up 71.43% from ₹28.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.35, up 55.98% from ₹3.43 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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