Lumax Auto Technologies posts 29% revenue growth, makes acquisitions
Lumax Auto Technologies Limited reported consolidated revenue of ₹3,637 crore for FY2024-25, up 29% year-on-year. Profit after tax rose 37% to ₹229 crore. The board recommended a dividend of ₹5.50 per share.
The company acquired a 60% equity stake in Greenfuel Energy Solutions during the fiscal year, enhancing its alternate fuels segment. Post-FY2025, Lumax acquired the remaining 25% shareholding in IAC International Automotive India Private Limited, making it a wholly owned subsidiary.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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