Lumax Industries reports 20.5% revenue growth in Q1

Lumax Industries reported Q1 revenues of Rs. 923 crores, up 20.5% year-on-year, outpacing industry trends. EBITDA grew 20.7% to Rs. 85 crores with margins stable at 9.2%. Profit after tax rose 5.9% to Rs. 36 crores.

The company's order book stands at over Rs. 1,900 crores, with LED lighting contributing 84%. The EV/non-EV split is 18% and 82% respectively, while passenger vehicles account for 65% of the segment mix.