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. The Board also sanctioned a First Loss Deficiency Guarantee (FLDG) of up to 20% of the ₹30 Crore credit facility provided by ICICI Bank to its Channel Partners. The standalone net profit for Q3 FY2026 stood at ₹1,088.87 Lakhs.
Board Meeting Outcome: Financial Results and Guarantee Sanctioned
The Board of Directors of Lumax Auto Technologies Limited met on Thursday, February 12, 2026, to consider and approve key financial disclosures and strategic approvals. The primary outcomes included the submission of the Unaudited Standalone and Consolidated Financial Results for the 3rd Quarter and Nine Months ended December 31, 2025, alongside the Limited Review Reports from the Statutory Auditors.
Standalone Financial Highlights (Q3 FY2026 vs. Q3 FY2025)
The standalone results show notable performance across the quarter ending December 31, 2025, compared to the previous corresponding quarter (December 31, 2024):
- Total Income reached ₹46,316.68 Lakhs, up from ₹38,987.92 Lakhs in Q3 FY2025.
- Profit Before Tax was ₹1,397.39 Lakhs.
- Profit for the period (Net Profit) for the quarter was ₹1,088.87 Lakhs, compared to ₹2,218.11 Lakhs in Q3 FY2025.
- Basic and Diluted Earnings Per Share (not annualised) for the quarter stood at ₹1.60, compared to ₹3.25 in Q3 FY2025.
Consolidated Financial Highlights (Q3 FY2026 vs. Q3 FY2025)
On a consolidated basis, the Group registered the following key figures for the quarter:
- Total Income was ₹1,28,565.22 Lakhs.
- Profit Before Tax reached ₹10,106.40 Lakhs.
- Profit for the period was ₹10,806.30 Lakhs.
- Total Comprehensive Income for the period attributable to owners of Lumax Auto Technologies Limited was ₹8,988.89 Lakhs.
- Basic and Diluted Earnings Per Share (not annualised) for the quarter were ₹12.10.
Note 7 of the consolidated results highlights an Exceptional Item of ₹1,494.84 Lakhs in the Profit Before Tax, related to the incremental financial impact assessment of the new Labour Codes notified by the Government of India in November 2025.
Channel Financing Guarantee Sanctioned
The Board also approved a significant proposal concerning the company’s distribution network. This involves providing a First Loss Deficiency Guarantee (FLDG) to ICICI Bank Limited.
- Purpose: To support a tenor-based credit facility of up to ₹30 Crores (in the nature of an overdraft) being extended to the company’s dealers/distributors for purchasing goods.
- Guarantee Extent: The FLDG will cover up to 20% of the dealer limit availed under the Channel Financing Facility.
- Compliance: The guarantee amount is structured to remain within the limits prescribed under Section 186 of the Companies Act, 2013.
- Impact: Management stated there is no foreseeable adverse impact on the Company, as the facility aims to improve liquidity and support smooth business operations without affecting the Company’s financial position or cash flows.
The Board Meeting commenced at 12:15 PM and concluded at 02:20 PM on the day of the announcement.
Source: BSE