Lumax Auto Technologies Limited — Board Meeting, 07-08-2025: Outcome of Board Meeting

Lumax Auto Tech's board approved Q1 FY25 consolidated financial results. Revenue surged to Rs 1,026.37 Cr from Rs 755.93 Cr year-on-year, and profit after tax climbed to Rs 41.42 Cr (vs Rs 31.70 Cr), with EPS at Rs 6.08. *Note: Q1 FY25 results include Greenfuel operations from November 2024, impacting direct comparison.* Strategically, Lumax plans a new branch in China and a 'SHIFT' Technology Centre in Bengaluru. The company also completed acquiring the remaining 25% in IAC India for Rs 220.96 Cr, making it a wholly-owned subsidiary. CEO Vikas Marwah's term was extended for five years.