Lumax Auto Technologies reports 36% revenue growth in Q1

Lumax Auto Technologies reported consolidated revenue of Rs. 1026.4 crore for Q1 FY26, up 36% year-on-year. EBITDA rose 28.7% to Rs. 135.8 crore with a 13.2% margin, while profit after tax increased 29.6% to Rs. 54.0 crore.

The company made strategic acquisitions including 100% of IAC India and 60% of Greenfuel Energy Solutions to diversify into clean mobility. Lumax targets minimum 20% revenue CAGR and 20% EBITDA margin by FY31, with 20% of revenue from future and clean mobility.