Lumax Auto Technologies Limited — Updates, 13-02-2025: Press Release

Revenue for Q3FY25 reached ₹906 cr, representing a robust 24% increase YoY, marking the highest quarterly revenue in the company's history. EBITDA for the same period stood at ₹127 cr, up 9% YoY, with a margin of 14%. Profit after Tax before Minority Interest increased 17% YoY to ₹56 cr. For the nine-month period, total revenue grew by 21% YoY to ₹2,504 cr, with PAT reaching ₹150 cr, reflecting a 29% increase.

Operational contributions showed that the Passenger Cars segment accounted for 50% of revenues, followed by 2/3-Wheelers at 25%. Lumax has strategically entered the alternate fuels market through the acquisition of a 60% stake in Greenfuel Energy Solutions for ₹153.09 cr, effective November 26, 2024.

The company has also launched several products, including key collaborations with Mahindra & Mahindra and various two-wheeler models, enhancing its competitive position. Recent accolades include multiple awards for innovation and excellence from key clients, which reflect strong performance and customer engagement. Overall, the results signal a positive outlook as Lumax builds on its strategic initiatives in both established and emerging markets.