Lumax Auto Technologies reports 37% rise in net profit to ₹229 cr in FY25
Lumax Auto Technologies
has announced its audited financial results for the fourth quarter and full year ended 31 March 2025. The company reported growth in revenue and profit, with
consolidated revenue
crossing ₹1,000 crore in a quarter for the first time.
For FY25, consolidated revenue from operations increased by 29% to ₹3,637 crore, compared to ₹2,822 crore in FY24. Profit after tax rose by 37% to ₹229 crore, up from ₹167 crore in the previous year. The company's consolidated earnings per share increased to ₹26.08 from ₹19.10.
In Q4 FY25, consolidated revenue stood at ₹1,133 crore, showing a 50% year-on-year growth from ₹757 crore in Q4 FY24.
On a standalone basis, revenue from original equipment manufacturer (OEM) customers grew by 7% in Q4 FY25 and 13% for the full year. The aftermarket segment recorded its first double-digit annual growth, rising by 10% quarter-on-quarter.
Inorganic growth and strategic acquisitions
Anmol Jain, MD, Lumax Auto Technologies Limited, said, 'We are pleased to deliver another year of strong financial performance, with our consolidated revenue crossing ₹3,600 crores and achieving robust profit growth of 37%. Our strategic focus on inorganic growth through targeted acquisitions, including our entry into alternative fuels and the consolidation of our IAC India operations, positions us well for the evolving automotive landscape."
"The improved EBITDA margins reflect our operational excellence and the synergies we are realising from our expanded portfolio. As we move forward, we remain committed to leveraging both organic and inorganic growth levers to create sustainable value for all stakeholders,' he added.
During FY25, Lumax Auto Technologies invested ₹48 crore in optionally convertible redeemable debentures through its wholly-owned subsidiary, Lumax Resources Private Limited. This subsidiary acquired a 60% stake in Greenfuel Energy Solutions Private Limited for ₹153 crore, marking the company's entry into the alternative fuels segment.
Following the financial year, the Board approved the acquisition of the remaining 25% stake in IAC International Automotive India Private Limited for ₹221 crore, resulting in full ownership. IAC India recently opened two manufacturing units in Chakan, Pune, to support Mahindra & Mahindra's battery electric vehicle (BEV) models, BE6 and XEV9e.
Investments and dividend declaration
The Board approved an investment of up to ₹0.51 crore in AMPIN C&I Private Limited's subsidiary to support solar energy use at three plants in Maharashtra. It also approved the formation of two new wholly-owned subsidiaries – Lumax Auto Solutions Private Limited and Lumax Autocomp Private Limited – to explore opportunities in the automotive sector.
A final dividend of ₹5.50 per equity share has been recommended for FY25, subject to shareholder approval at the 44th Annual General Meeting on 25 August 2025.
With a stable balance sheet, acquisitions, and an expanding product range, Lumax Auto Technologies aims to build on opportunities in the automotive and mobility markets.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
13 hours ago
- Time of India
Trump says he may change his mind about firing Fed Chair Powell
U.S. President Donald Trump on Friday again floated the idea of firing Jerome Powell, the Federal Reserve chair he has long attacked over interest rates he wants lowered. "I don't know why the Board doesn't override (Powell)," Trump wrote in a lengthy post on Truth Social criticizing Fed policy. "Maybe, just maybe, I'll have to change my mind about firing him? But regardless, his Term ends shortly." Trump added: "I fully understand that my strong criticism of him makes it more difficult for him to do what he should be doing, lowering Rates, but I've tried it all different ways." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Walgreens Hides This Cheap 87¢ Generic Viagra from Seniors – Here's Why fridayplans Learn More Undo Fed chairs have long been seen as insulated from presidential dismissal for reasons other than malfeasance or misconduct, but Trump has threatened to test that legal premise with frequent threats to fire Powell. Trump nearly as frequently reverses course on those threats. "I'm not going to fire him," he said at the White House on June 12. Live Events The Fed held rates steady on Wednesday in the 4.25%-4.50% range and forecast slower growth as well as higher unemployment and inflation by year's end. Fed Governor Chris Waller, who has been floated as a possible Trump pick to be Powell's successor, said on Friday that with inflation coming down and the labor market showing signs of weakening, rate cuts should be considered as soon as July. But even Waller joined Wednesday's unanimous Fed decision to leave rates on hold, signaling no inclination by any of Powell's six fellow Board members, or of the five voting regional Fed bank presidents, to "override" him. Fed decisions are typically reached through consensus, and more than a couple of dissents would be rare. Elected partly on voters' belief that he could contain high inflation, the Republican U.S. president has imposed tariff hikes in office. Powell, echoing an academic consensus, has said some of those tariff hikes will be paid for in higher consumer prices. Powell's term ends in May 2026, and Trump is expected to nominate a successor in the coming months. A Supreme Court ruling in May eased concerns that Trump could fire Powell as the justices called the Fed "a uniquely structured, quasi-private entity."
Business Standard
17 hours ago
- Business Standard
Sampre Nutritions Ltd Plans Strategic Fundraising Initiative to Drive Growth and Expansion
PNN New Delhi [India], June 21: Sampre Nutritions Ltd (BSE: 530617), a leading confectionery manufacturer, has proposed fund raising initiative through various modes such as preferential issue. Communicated earlier this year to BSE, the company is likely to hold Board of Directors meeting in near future, for the shareholders to consider and approve plans for raising funds via issuance of eligible securities. The proposed capital raise may involve issuance of eligible securities of the company, in one or more ways, through public and/or private offerings, including by way of preferential issue, qualified institutions placement and / or further public offering, subject to such approvals as may be required, including approval of the shareholders of the Company. The aim is to strengthen the company's financial structure and support its ongoing expansion and diversification efforts. The management of the company commented "This is an important step in our journey as we explore ways to expand operations, extend market penetration, and invest in long-term growth. The fundraising initiative highlights our commitment towards building a stronger, more resilient future at Sampre Nutritions Limited" As part of the process, the Board will also consider convening an Extraordinary General Meeting (EGM) or initiating a postal ballot to seek shareholder approval. Earlier in April 2024, the company successfully allotted 17 lakh equity shares at Rs 36 each following the conversion of warrants issued on a preferential basis. On October 14, 2024, the Board approved the conversion of 85 Foreign Currency Convertible Bonds (FCCBs), originally allotted on June 28, 2024, into equity shares. This resulted in the allotment of 1,19,42,116 fully paid-up equity shares of face value of Rs 10 at a conversion price of Rs 59.84 per share, increasing the company's paid-up capital to Rs. 2.09 crore comprising of 20,91,212 equity shares of face value of Rs. 10 each. Subsequently, in October 2024, the company received in-principle approval from BSE for listing of 89,91,711 equity shares of face value of Rs 10 each at a price of Rs 59.84 per equity share. Along with this, the company also received approval for issuance of 10,00,000 warrants convertible into equity shares of face value of Rs 10 each at a price of Rs 60.50 per equity share on a preferential basis. In November 2024, the company approved the allotment of 8,40,000 warrants on a preferential basis to non-promoters at a price of Rs 60.50 per warrant, each convertible into one equity share of face value Rs 10. Highlights: -Board to consider multiple fundraising paths, including QIP, preferential issue and others -Financial results for FY25 show revenue stability at Rs 25.12 crores -The company was awarded the Certificate of Recognition under the India 5000 Best MSME Awards 2024 for QUALITY EXCELLENCE The company was also awarded the Certificate of Recognition under the India 5000 Best MSME Awards 2024 for excellence in quality, customer satisfaction, and societal impact. The company recently announced its Q4 FY25 and FY25 consolidated financial result. The consolidated revenue from operations remained stable at Rs 25.12 crore. The company reported a consolidated net loss of Rs 7.67 crore, mainly on account of investment into subsidiaries and higher finance costs. For Q4 FY25, company reported revenue of Rs 7.76 crore, a growth from Rs 4.76 crores reported in Q4 FY24. About Sampre Nutritions Ltd: Incorporated in 1991 and headquartered in Medchal, Telangana, Sampre Nutritions Ltd is engaged in manufacturing complete range of confectionery, eclairs, candies, lollipops, toffees, powder and centre filled products. The company is instrumental to deliver the growing volumes for most of the MNC's and beside producing its own brand. The group is one stop shop for complete range of confectionary productions. It has multiple MNC's as their clients as Mondelez India Pvt Ltd, Perfetti Van Melle, Reliance, DS Group, Nestle to name a few... The promoter is also the President for Indian Confectionery Manufacturers Association and is into the industry for the past 4 decades Sampre Nutrition is the first ISO certified company in South East Asia in this category since 1995 and is the 1st HACCP Certified Company by BVQI and FSSA Version 6 certified company with receiving Multiple Quality Awards World Wide. Further the company is associated with Mondelez India Pvt Ltd for manufacturing Eclairs for the past 30 Years and the Sole Manufacturer for Eclairs for the past 8 years for India, China and South African Market.
New Indian Express
a day ago
- New Indian Express
Trimulgherry lake rejuvenation gets SCB nod; Rs 5.8 crore project approved
HYDERABAD: The long-pending demand to rejuvenate the decade-old Trimulgherry lake, located within the Secunderabad Cantonment limits, has finally been approved during the Secunderabad Cantonment Board (SCB) meeting. The meeting was chaired by Brigadier S Rajeev, who also took oath as the new President of the Cantonment Board on Friday. The Board gave its nod to the lake development works, which had been delayed due to multiple issues, including the non-release of funds. The lake, currently reduced to a cesspool, will soon undergo rejuvenation. The total project is estimated to cost Rs 5.8 crore. Additionally, the Board approved the construction of an RCC retaining wall along the Patny nala in Rasoolpura to prevent further encroachments. Recently, HYDRAA demolished several unauthorised structures built along the nala, which was widened to 20 metres. The RCC wall is intended to prevent further illegal construction, with the estimated project cost set at Rs 1.5 crore. Due to a financial crunch, SCB has sought assistance from the Hyderabad Metropolitan Development Authority (HMDA), which is currently undertaking two elevated corridor projects in the Secunderabad Cantonment. SCB has proposed that HMDA assist with funding the retaining wall construction. The proposal is under active consideration, and work will commence once approval is granted, said Madhukar Naik, Chief Executive Officer of SCB.
