The Board of Directors in their meeting held on May 28, 2026 considered, approved and recommended the Material Related Party Transactions entered/ to be entered with Lumax Auto Technologies ....
LUMAXIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lumax Industries reported strong FY2026 results with standalone revenue of Rs 4,18,416 Lakhs, up 23% from Rs 3,40,039 Lakhs in FY2025. Standalone profit after tax grew 60% to Rs 14,650 Lakhs from Rs 9,151 Lakhs. Consolidated PAT was Rs 17,247 Lakhs, up 23% from Rs 13,991 Lakhs. The board recommended a final dividend of Rs 55 per share (550%), a significant increase from Rs 35 per share last year. An exceptional item of Rs 1,785 Lakhs was recorded due to new labour code implementation. The auditors issued an unmodified (clean) opinion on both standalone and consolidated results. The board also approved material related party transactions with Lumax Auto Technologies Limited for FY2026-27, subject to shareholder approval.
Strong financial performance with 23% revenue growth and 60% PAT growth demonstrates operational strength. The 57% dividend increase signals confidence in cash flows. Clean audit opinion removes any concerns, though shareholders will vote on the related party transactions at the AGM.