Lumax Industries’ Q3 net profit down 61.1% y/y to USD2.6 million

Financial results

The company won new orders in Q3 for supply of lighting solutions for various Tata models

Lumax Industries has reported a 61.1% year-on-year (y/y) decline in net profit to INR188.9 million (USD2.6 million) for the third quarter ended 31 December 2019, according to a company regulatory filing earlier this month.

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