Lumax Industries Limited has submitted to the Exchange, the outcome of Board Meeting held on May 28, 2026 along with the financial results for the period ended March 31, 2026.
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Lumax Industries Limited reported strong financial performance for FY 2025-26. Standalone revenue grew 23% to Rs 4,18,416 lakhs from Rs 3,40,039 lakhs in the prior year. Profit after tax surged 60% to Rs 14,650 lakhs from Rs 9,151 lakhs. The company declared a final dividend of Rs 55 per share (550%) compared to Rs 35 per share last year. An exceptional item of Rs 1,785 lakhs was recorded due to the implementation of new labour codes. Statutory auditors S.R. Batliboi & Co. LLP issued an unmodified (clean) opinion on both standalone and consolidated results. The board also approved related party transactions with Lumax Auto Technologies Limited and reappointed key personnel including Whole-Time Director Mr. Tadayoshi Aoki.
The company delivered robust double-digit growth in both revenue and profitability with a clean audit opinion, which should be positive for shareholders. The proposed dividend of Rs 55 per share represents a 57% increase, reflecting management confidence. However, the exceptional item related to labour code changes warrants monitoring.