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Lumax Industries Limited is the flagship company of the DK Jain Group. It was founded as a trading company in 1945 and today it has evolved as market leader of automobile lighting in the Indian automotive industry. In 1984, company entered into a technical collaboration with Stanley Electric Co. Ltd., Japan (SECL), which currently holds around 37.5% equity stake in the company. Other 37.5% is held by Indian…
Company clarified a PBT mismatch in its XBRL filing was due to a clerical error where an Exceptional Item was entered incorrectly. This error was limited to XBRL data entry; all other financial results and disclosures remain accurate and unaffected.
Lumax Industries Limited has announced a board meeting to review the financial results for the quarter and nine months ended December 31, 2024. The company reported total income of ₹248.04 crore, attributed to strong revenues from operations of ₹247.70 crore. Net profit after tax for the period stands at ₹22.20...