Lumax Auto Technologies Limited reported earnings results for the second quarter and six months ended September 30, 2024. For the second quarter, the company reported sales was INR 8,422.57 million compared to INR 7,001.75 million a year ago. Revenue was INR 8,576.3 million compared to INR 7,094.06 million a year ago. Net income was INR 428.76 million compared to INR 274.04 million a year ago. Basic earnings per share from continuing operations was INR 6.29 compared to INR 4.02 a year ago.
For the six months, sales was INR 15,981.87 million compared to INR 13,318.82 million a year ago. Revenue was INR 16,309.92 million compared to INR 13,490.94 million a year ago. Net income was INR 745.74 million compared to INR 495.37 million a year ago. Basic earnings per share from continuing operations was INR 10.94 compared to INR 7.27 a year ago.
Lumax Auto Technologies Limited is an India-based manufacturer and supplier of automotive molded and fabricated parts, emission and transmission systems for the automotive industry. The Company specializes in designing, testing and manufacturing of gear shifters and interior solutions. The Company has a diversified product portfolio, which comprises integrated plastic modules, two-wheeler chassis, two- and three-wheeler lighting, gear shifters, transmission products, emission systems, seat structures, telematics products and services, oxygen sensors, and on-board antennas, electric devices and components, and aftermarket solutions. This portfolio further encompasses vehicle interior systems and components. The Company has approximately 23 manufacturing plants across India. Its subsidiaries include Lumax Mannoh Allied Technologies Limited, Lumax Comaglia Auto Technologies Private Limited, Lumax Management Services Private Limited and Lumax FAE Technologies Private Limited.
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