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Lumax Industries reports around 3-fold jump in Q3 consolidated net profit

04 Feb 2019 Evaluate

Lumax Industries has reported results for third quarter ended December 31, 2018.

The company has reported around 3-fold jump in its net profit at Rs 50.60 crore for the quarter under review as compared to Rs 17.25 crore for the same quarter in the previous year. Total income of the company increased by 17.09% at Rs 436.23 crore for Q3FY19 as compared Rs 372.57 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported around 3-fold jump in its net profit at Rs 48.63 crore for the quarter under review as compared to Rs 17.93 crore for the same quarter in the previous year. Total income of the company increased by 15.98% at Rs 432.10 crore for Q3FY19 as compared Rs 372.57 crore for the corresponding quarter previous year.

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