Lumax Industries’ consolidated net profit rises 6.8% year over year to $13.3 million in FY 2023-24

News
Financial results
ATI News Team

Total revenue is up 13.4%

Lumax Industries Ltd. has reported 6.8% year-over-year increase in its consolidated net profit after tax to 1.1 billion Indian rupees ($13.3 million) in the financial year ended March 31, the Indian automotive lighting supplier said in a regulatory filing May 24. Total revenue increased 13.4% year over year to 26.5 billion rupees. The company recorded 6.7% year-over-year increase in profit before taxes to 1.6 billion rupees.

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