Outcome of the Board Meeting held on May 28, 2026
LUMAXIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lumax Industries reported strong FY2025-26 results with standalone revenue growing 23% to Rs 4,18,416 lakhs and PAT surging 60% to Rs 14,650 lakhs. Consolidated PAT grew 23% to Rs 17,247 lakhs. The Board declared a 57% higher dividend of Rs 55 per share (vs Rs 35 last year), subject to shareholder approval. Key leadership changes include Deepak Jain moving to Chairman (from CMD) and Anmol Jain promoted to Managing Director (from Joint MD). The company also sought approval for material related party transactions with Lumax Auto Technologies. Statutory auditors S.R. Batliboi & Co. LLP issued an unmodified (clean) audit opinion on both standalone and consolidated results.
The 60% PAT growth and near-doubling of dividend signal strong operational performance and cash generation. The clean audit removes any audit risk concerns. Leadership transitions appear smooth and planned, reducing execution uncertainty for investors.