Lumax Industries Limited reported earnings results for the third quarter and nine months ended December 31, 2024. For the third quarter, the company reported sales was INR 8,870.84 million compared to INR 6,317.17 million a year ago. Revenue was INR 8,882.22 million compared to INR 6,332.45 million a year ago. Net income was INR 334.79 million compared to INR 255.83 million a year ago. Basic earnings per share from continuing operations was INR 35.82 compared to INR 27.37 a year ago. Diluted earnings per share from continuing operations was INR 35.82 compared to INR 27.37 a year ago.
For the nine months, sales was INR 24,770.21 million compared to INR 18,939.07 million a year ago. Revenue was INR 24,803.5 million compared to INR 18,999.61 million a year ago. Net income was INR 959.36 million compared to INR 749.51 million a year ago. Basic earnings per share from continuing operations was INR 102.63 compared to INR 80.18 a year ago. Diluted earnings per share from continuing operations was INR 102.63 compared to INR 80.18 a year ago.
Lumax Industries Limited is an India-based provider of automotive lighting solutions and components. The Company is engaged in the manufacturing and trading of automotive components. The Company's wide range of product portfolio include end-to-end lighting solutions with LED lights and conventional lights, such as headlamps, tail lamps, fog lamps, and other lighting components and auxiliary lamps, among others. In addition to lighting products, it also manufactures electronic components for four wheelers, two wheelers, commercial vehicles, and tractors in the farm equipment segment (FES). The Company sells mainly through business to business (B2B) model to original equipment manufacturers (OEMs). The Company caters to automobile manufacturing in Indian and global markets. The Company operates approximately 12 manufacturing facilities that are spread across six states in India. Its subsidiary is Lumax Industries Czech s.r.o.
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Investor
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Global
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ESG MSCI
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