{"id":152081,"date":"2023-08-09T11:10:12","date_gmt":"2023-08-09T15:10:12","guid":{"rendered":"https:\/\/44.250.171.167\/?p=152081"},"modified":"2023-08-09T11:10:14","modified_gmt":"2023-08-09T15:10:14","slug":"lumax-industries-ltd-q1fy24-15-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/lumax-industries-ltd-q1fy24-15-rise-in-profits\/","title":{"rendered":"Lumax Industries Ltd Q1FY24; 15% rise in Profits"},"content":{"rendered":"\n<p>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.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Lumax Industries Ltd reported Revenues for Q1FY24 of \u20b9618.00 Crores up from \u20b9512.00 Crore year on year, a rise of 20.7%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b9598.00 Crores up from \u20b9494.00 Crores year on year, a rise of 21.05%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b923.00 Crores up 15.0% from \u20b920.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b924.73, up 16.65% from \u20b921.20 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-469.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-469-839x1024.png\" alt=\"\" class=\"wp-image-152082\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-469-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-469-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-469-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-469-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-469.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105],"tags":[8207],"class_list":["post-152081","post","type-post","status-publish","format-standard","hentry","category-infographics","tag-automobile-parts"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":152423,"url":"https:\/\/alphastreet.com\/india\/lumax-auto-technologies-ltd-q1fy24-15-rise-in-profits\/","url_meta":{"origin":152081,"position":0},"title":"Lumax Auto Technologies Ltd Q1FY24; 15% rise in Profits","author":"Karan_Singh","date":"August 10, 2023","format":false,"excerpt":"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 segmentsIt has Partnerships with 7 Global players\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-584.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-584.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-584.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-584.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-584.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-584.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":162053,"url":"https:\/\/alphastreet.com\/india\/lumax-auto-technologies-ltd-q4fy24-112-rise-in-profits\/","url_meta":{"origin":152081,"position":1},"title":"Lumax Auto Technologies Ltd Q4FY24; 112% rise in Profits","author":"Chirag Gupta","date":"June 7, 2024","format":false,"excerpt":"Lumax Auto Technologies Ltd was incorporated in 1981 and is a part of the D.K. 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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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-93.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-93.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-93.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-93.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-93.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-93.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":159011,"url":"https:\/\/alphastreet.com\/india\/lumax-auto-technologies-ltd-q3fy24-71-rise-in-profits\/","url_meta":{"origin":152081,"position":2},"title":"Lumax Auto Technologies Ltd Q3FY24; 71% rise in Profits","author":"Chirag Gupta","date":"February 21, 2024","format":false,"excerpt":"Lumax Auto Technologies Ltd was incorporated in 1981 and is a part of the D.K. 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