Q3FY19: Lumax Industries profit jumps 171 per cent

Lumax Industries Limited, a D.K Jain Group company, reported a consolidated PAT of Rs. 48.62 crore for the quarter ended December 2018. The company boasted its market share in the Indian Automobile Lighting Business to more than 60 per cent.

The company's posted consolidated PAT of Rs. 48.62 crore for the quarter ended December 2018 with an EPS of Rs. 52.02 as against Rs. 17.92 crore with an EPS Rs. 19.18 for the same period last year, registering a 171 per cent increase YoY. The company reported a consolidated total income of Rs. 432.10 crore as against Rs. 372.57 crore for the corresponding quarter last year which is a YoY increase of 15.97 per cent. The company’s EBITDA came in at Rs. 80.48 crore for Q3FY19 as against Rs. 35.53 crore for the corresponding quarter last year, which is a jump of 126.44 per cent.

Lumax Industries has a presence across leading OEMs like Maruti Suzuki, Honda Cars, Hero Moto Corp, Tata Motors, M&M, Toyota etc.

On Monday, the stock of Lumax Industries closed at Rs. 1,595 per share and made an intraday high and low of Rs. 1,650 and Rs. 1,546 on the BSE. The stock had hit its 52-week high of Rs. 2,585 on May 18, 2018 and its 52-week low was Rs. 1,386 on January 28, 2019 on the BSE.