Lumax Auto Technologies Limited has informed the Exchange regarding outcome of Board meeting held on August 07, 2025.
LUMAXTECH · price
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The board approved unaudited Q1 FY26 results (quarter ended June 30, 2025). On a consolidated basis, revenue from operations rose 35.8% YoY to Rs. 1,02,637.29 lakhs and profit after tax grew 29.6% to Rs. 5,399.59 lakhs, though the company flagged that figures are not strictly comparable with Q1 FY25 because of the November 2024 acquisition of Greenfuel Energy Solutions. On a standalone basis, revenue grew 7.5% to Rs. 36,739.53 lakhs while PAT jumped 159% to Rs. 4,034.23 lakhs, the latter boosted by about Rs. 2,848 lakhs in dividend income from subsidiaries (mainly IAC India). The board also approved setting up a branch office in China and a new technology centre called SHIFT in Bengaluru, and extended CEO Vikas Marwah's term by 5 years from November 1, 2025. Statutory auditor Price Waterhouse issued an unmodified (clean) limited review report on both results.
Headline growth looks strong, but a meaningful portion is inorganic (Greenfuel acquisition) on the consolidated side and subsidiary-driven on the standalone side, so the underlying operational beat is more modest. The China branch and SHIFT tech centre signal longer-term bets on new markets and innovation, which are positive for the growth story but may pressure near-term margins.