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 outcomes included the recommendation of these results by the Audit Committee. Furthermore, the Board approved a significant financial measure: providing a First Loss Deficiency Guarantee (FLDG) to ICICI Bank Limited to support credit facilities availed by the company’s Channel Partners.
Board Meeting Outcome: Financial Results Declared
The Board of Directors of Lumax Auto Technologies Limited held a meeting on Thursday, February 12, 2026, commencing at 12:15 PM and concluding at 02:20 PM. The primary purpose was the consideration and approval of the quarterly financial performance.
The Board approved the Un-audited Standalone and Consolidated Financial Results for the 3rd Quarter and Nine Months ended December 31, 2025. These results, along with the Limited Review Reports from the Statutory Auditors, Price Waterhouse Chartered Accountants LLP, are now submitted for disclosure.
Channel Partner Support: First Loss Deficiency Guarantee
A major operational decision taken was the proposal for providing a First Loss Deficiency Guarantee (FLDG). This guarantee is intended to support the Channel Partners of the Company who avail a credit facility from ICICI Bank Limited under the Channel Financing Facility.
- The facility amount is an overall credit limit of Rs. 30 Crores.
- The FLDG will cover up to 20% of the limit being availed by the Channel Partners.
- The guarantee is provided with respect to a tenor-based line of credit (overdraft) used exclusively for purchasing goods from the Company.
- The guarantee is intended to facilitate timely payments and improve liquidity for dealers/distributors without adversely affecting the Company’s financial position.
- This commitment remains within the limits prescribed under Section 186 of the Companies Act, 2013.
Financial Performance Highlights (Standalone)
The standalone results for the quarter ended December 31, 2025, showed key movements:
- Total Income stood at Rs. 46,316.68 Lakhs, compared to Rs. 45,218.46 Lakhs in the previous year’s corresponding quarter (Q3 FY2025).
- Profit Before Tax for the quarter was Rs. 1,397.39 Lakhs, down from Rs. 2,822.94 Lakhs in Q3 FY2025.
- Profit for the period (Net Profit) for the quarter was Rs. 1,088.87 Lakhs.
- The Nine Months ended period saw a Profit Before Tax of Rs. 8,043.10 Lakhs.
Financial Performance Highlights (Consolidated)
The consolidated performance provides a broader view of the Group’s operations:
- Consolidated Total Income for the quarter ended December 31, 2025 reached Rs. 1,28,565.22 Lakhs.
- Consolidated Profit Before Tax for the quarter was Rs. 10,106.40 Lakhs.
- The consolidation reflects an exceptional item of Rs. 1,494.84 Lakhs, related to the financial impact assessment of the new Labour Codes notified by the Government of India in November 2025.
- Consolidated Profit for the period (net profit) for the quarter was Rs. 10,806.30 Lakhs, contributing to a nine-month profit of Rs. 23,961.43 Lakhs.
Auditor Review Conclusion
Price Waterhouse Chartered Accountants LLP confirmed that based on their review, nothing has come to their attention to suggest that the financial statements are not prepared in all material respects according to the applicable accounting standards or that they contain any material misstatement.
Source: BSE
