Lumax Auto Technologies Limited — Others, 29-05-2025: Appointment

Lumax Auto Technologies has announced a board meeting outcome approving the financial results for the quarter and half-year, reporting standalone revenue of Rs. 1,475.42 Cr and PAT of Rs. 73.94 Cr, with consolidated revenue at Rs. 3,636.67 Cr and PAT of Rs. 229.16 Cr, boosted by acquisitions including Greenfuel Energy Solutions. Mr. Ashish Dubey will step down as CFO in 2025 to assume higher group roles, succeeded by Mr. Ankit Thakral. The company plans a Rs. 0.51 Cr investment in a solar energy SPV for Maharashtra plants, proposed a final dividend of Rs. 5.50/share, and will acquire land in Gujarat alongside setting up two wholly owned subsidiaries to support automotive component growth. Auditors have re-appointed and issued clean opinions.