Lumax Auto Technologies announced its unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2026. Revenue from operations saw a notable increase, with standalone revenue reaching ₹1,20,469.75 lakhs, up from ₹87,281.36 lakhs in the corresponding prior period. The company also approved a significant capital expenditure of approximately ₹150 crore for a new manufacturing facility in Manesar, Haryana, expected to generate substantial annualized turnover.
Strong Financial Performance for Q2 FY27
Lumax Auto Technologies Limited has reported robust financial results for the second quarter and half-year ended September 30, 2026. The standalone revenue from operations for the quarter surged to ₹1,20,469.75 lakhs, a significant increase compared to ₹87,281.36 lakhs recorded in the same period of the previous year. This growth reflects a healthy performance in the company’s core business activities.
Key Financial Highlights (Standalone)
The company’s standalone profit before tax for the quarter ended September 30, 2026, stood at ₹11,679.89 lakhs. Following tax expenses, the profit for the period was ₹8,899.65 lakhs. Total comprehensive income for the quarter amounted to ₹10,242.14 lakhs. For the half-year ended September 30, 2026, standalone revenue from operations reached ₹2,21,394.56 lakhs, with profit before tax at ₹21,522.65 lakhs and profit for the period at ₹16,275.11 lakhs.
Consolidated Financial Performance
On a consolidated basis, revenue from operations for the quarter ended September 30, 2026, was ₹1,57,421.89 lakhs, compared to ₹1,17,194.04 lakhs in the prior year’s quarter. The consolidated profit before tax for the quarter was ₹15,424.39 lakhs, leading to a profit for the period of ₹11,667.11 lakhs. For the half-year, consolidated revenue stood at ₹2,95,299.68 lakhs, with profit before tax at ₹28,629.02 lakhs and profit for the period at ₹21,530.76 lakhs.
Strategic Capital Expenditure Approved
In a significant move to enhance its manufacturing capabilities, the Board of Directors has approved the setting up of a new Mechatronics manufacturing facility in Manesar, Haryana. This project involves a capital outlay of approximately ₹150 crore. The facility will cater to the growing demand for electronic components, including Body Control Modules, for leading OEMs. The company anticipates a peak annualized turnover of around ₹500 crore post-commissioning, with the project expected to be completed in two phases starting Q3 FY 2028.
Corporate Guarantee for Subsidiary Loan
The Board also approved the issuance of a corporate guarantee, letter of comfort, or post-dated cheques (PDCs) to secure a loan for its subsidiary, Lumax Greenfuel Energy Solutions Private Limited (LGESPL). The additional amount for this facility will be up to ₹15 crore to meet LGESPL’s capital expenditure and working capital requirements.
Facility Relocation Noted
The Board also took note of the relocation of one of the company’s manufacturing facilities from Aurangabad to Chhatrapati Sambhajinagar, Maharashtra. This operational adjustment is part of the company’s ongoing strategic realignment.
Source: BSE
