Lumax Auto Technologies delivered impressive financial results for Q2 FY27, with consolidated net profit rising 50.44% year-on-year to ₹116.67 crore compared with ₹77.67 crore in the corresponding quarter last year. According to the latest company announcement, total consolidated income for the second quarter stood at ₹1,574.22 crore, up from ₹1,171.94 crore a year earlier. Basic earnings per share (EPS) for the quarter ended 30 September 2026 was ₹15.48, an increase from ₹9.81 reported in the year-ago quarter. Consolidated total expenses increased to ₹1,419.98 crore, compared to ₹1,067.61 crore year-on-year, reflecting the company's expansion activities.
The company announced plans for a ₹150 crore mechatronics manufacturing facility in Manesar, Haryana, targeting a peak annualised turnover of ₹500 crore. As reported by the company, the facility will manufacture electronic components, including body control modules, for leading original equipment manufacturers (OEMs). The capital expenditure will be financed through a combination of debt and internal accruals, with the project expected to be commissioned in two phases, starting in Q3 FY 2028. The company has also approved providing a corporate guarantee, letter of comfort, or post-dated cheques to secure additional loans of up to ₹15 crore for Lumax Greenfuel Energy Solutions Private Limited (LGESPL), a subsidiary where Lumax Auto Technologies holds a 60% equity share capital.
Lumax Auto Technologies completed the sale of its entire 50% equity stake in Lumax Japp Allied Technologies Private to Germany-based Japp Holding GmbH during the current period. According to CNBC TV18, the board had approved the sale on May 8, 2026, and following the completion of the transaction, Lumax Japp Allied Technologies ceased to be a subsidiary of Lumax Auto Technologies. The company had recognised an impairment loss of ₹7.04 crore as an exceptional item in its standalone financial results for the year ended March 31, 2026, in connection with the proposed transaction.
Lumax Auto Technologies shares were trading at ₹1,800.40 on October 23, 2026, reflecting a decline of 0.53% from the previous session. As per Business Standard, the stock has a 52-week high of ₹1,807.70 recorded on September 23, 2026, and a 52-week low of ₹1,260.00 reached on October 31, 2025. The company was incorporated on October 30, 1981, and converted into a public limited company on March 30, 2002. The stock has shown mixed performance with a decline of 11.1% over the past month but remains up 12.5% year-to-date.
