Lumax Auto Technologies Q3 Results: Profit jumps 83% YoY, margin expands

Lumax Auto Technologies Ltd reported a strong set of numbers for the December quarter, with profit and revenue rising sharply on a year-on-year basis.

Net profit grew 83.3% to ₹82.5 crore in Q3, compared with ₹45 crore in the corresponding period last year. Revenue from operations climbed 40.3% to ₹1,270.6 crore from ₹905.6 crore a year ago, reflecting healthy business momentum across segments.

Operating performance also improved meaningfully. EBITDA rose 49.2% year-on-year to ₹176 crore from ₹118

crore, while the EBITDA margin expanded to 13.8% from 13% in the year-ago quarter, indicating better cost absorption and operating leverage.

Following the earnings announcement, shares of Lumax Auto Technologies closed at ₹1,754, up ₹22 or 1.54% on the NSE.

Separately, the company approved a proposal to provide a First Loss Deficiency Guarantee of up to 20% of the limit being availed by its channel partners under an overall credit facility of ₹30 crore to be extended by ICICI Bank. The move is aimed at facilitating channel financing for its partners.

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Lumax Auto Technologies is a leading automotive components manufacturer, supplying lighting systems, electronic and emission systems, and other integrated modules to original equipment manufacturers across passenger vehicles, two-wheelers and commercial vehicles.