Lumax Auto Technologies Limited announced the approval of its Unaudited Standalone and Consolidated Financial Results for the Third Quarter and Nine Months ended December 31, 2025. Key actions by the Board included the approval of the financial results following a limited review. Furthermore, the Board sanctioned a proposal to provide a First Loss Deficiency Guarantee (FLDG) of up to 20% to ICICI Bank for a Rs. 30 Crore credit facility extended to its Channel Partners.
Board Meeting Outcome Summary
The Board of Directors of Lumax Auto Technologies Limited convened on Thursday, February 12, 2026, to consider and approve key resolutions. The meeting commenced at 12:15 PM and concluded at 02:20 PM.
Financial Results Submission
The Board approved the Unaudited Standalone and Consolidated Financial Results for the 3rd Quarter and Nine Months ended December 31, 2025, based on the recommendation of the Audit Committee. These results were accompanied by the Limited Review Reports from the Statutory Auditors, Price Waterhouse Chartered Accountants LLP, as mandated by relevant regulations.
Approval of Channel Financing Guarantee
A significant resolution passed was the proposal for providing a First Loss Deficiency Guarantee (FLDG). This guarantee is intended for the overall credit facility of Rs. 30 Crores, structured as a tenor-based line of credit (overdraft), to be provided by ICICI Bank Limited to the Company’s Channel Partners.
- The guarantee covers up to 20% of the limit being availed by the Channel Partners.
- This facility is designed to help dealers/distributors finance the purchase of goods from the Company.
- The guarantee amount is within the limits prescribed under Section 186 of the Companies Act, 2013.
- Management confirmed there is no foreseeable adverse impact on the Company’s financial position or cash flows from this facility.
Financial Highlights (Standalone)
The Standalone Unaudited Financial Results for the period ended December 31, 2025, showed key movements:
Quarter Ended December 31, 2025 vs. Q3 FY25 (Unaudited)
- Total Income stood at Rs. 46,316.68 Lakhs, compared to Rs. 38,987.92 Lakhs in the corresponding quarter last year.
- Profit Before Tax was Rs. 1,397.39 Lakhs, down from Rs. 2,822.94 Lakhs in Q3 FY25.
- Profit for the period was Rs. 1,088.87 Lakhs, against Rs. 2,218.11 Lakhs year-on-year.
- Earnings Per Share (Basic & Diluted) was Rs. 1.60, compared to Rs. 3.25 previously.
Nine Months Ended December 31, 2025 vs. 9M FY25 (Unaudited)
- Total Income reached Rs. 1,32,039.75 Lakhs, up from Rs. 1,12,232.38 Lakhs.
- Profit Before Tax reached Rs. 8,043.10 Lakhs, compared to Rs. 9,509.37 Lakhs.
- Profit for the period was Rs. 7,006.19 Lakhs, down from Rs. 7,393.88 Lakhs.
- Earnings Per Share (Basic & Diluted) was Rs. 10.28, compared to Rs. 10.85 previously.
Financial Highlights (Consolidated)
The Consolidated Unaudited Financial Results also indicated changes:
Quarter Ended December 31, 2025 vs. Q3 FY25 (Unaudited)
- Total Income was Rs. 1,28,565.22 Lakhs, significantly higher than Rs. 91,452.18 Lakhs in Q3 FY25.
- Profit Before Tax was Rs. 10,106.40 Lakhs, compared to Rs. 7,426.27 Lakhs in Q3 FY25.
- Profit for the period increased to Rs. 10,806.30 Lakhs from Rs. 5,603.31 Lakhs.
- EPS (Basic & Diluted) was Rs. 12.10, up from Rs. 6.58.
Nine Months Ended December 31, 2025 vs. 9M FY25 (Unaudited)
- Total Income reached Rs. 3,49,485.09 Lakhs, up from Rs. 2,54,551.41 Lakhs.
- Profit For The Period stood at Rs. 23,961.43 Lakhs, against Rs. 14,948.94 Lakhs previously.
- EPS (Basic & Diluted) was Rs. 27.99, compared to Rs. 17.52.
Auditor’s Review Conclusion
The Review Report for both standalone and consolidated results confirmed that nothing has come to the auditors’ attention to suggest the statements are materially misstated, based on their procedures and review of other auditors’ reports for subsidiaries.
Source: BSE
