Lumax Auto Technologies Reports Strong Financial Results, Highlighting Operational Strength in December 2024
Lumax Auto Technologies reported strong financial results for the quarter ending December 2024, with net sales reaching Rs 905.60 crore, the highest in five quarters. Operating profit also peaked at Rs 117.90 crore, while profit after tax was Rs 44.82 crore, reflecting the company's operational strength and financial health.
Lumax Auto Technologies, a small-cap player in the auto ancillary industry, recently announced its financial results for the quarter ending December 2024. The report, released on February 13, 2025, highlights several noteworthy achievements that reflect the company's operational strength.In this quarter, Lumax Auto Technologies recorded net sales of Rs 905.60 crore, marking the highest figure in the last five quarters. This positive trend is mirrored in the operating profit, which reached Rs 117.90 crore, also the highest in the same timeframe. The profit before tax, adjusted for other income, stood at Rs 65.34 crore, showcasing a significant growth of 33.4% compared to the average of the previous four quarters.
Additionally, the profit after tax was reported at Rs 44.82 crore, further emphasizing the company's robust financial health. The earnings per share (EPS) also reached a peak of Rs 6.58, indicating enhanced profitability and value creation for shareholders.
Overall, Lumax Auto Technologies has demonstrated a solid performance in its latest financial results, leading to an adjustment in its evaluation.
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