Lumax Auto Technologies reports 14% fall in Q4 consolidated net profit

20 May 2019 Evaluate

Lumax Auto Technologies has reported results for the fourth quarter and year ended March 31, 2019. 

The company has reported a rise of 7.15% in its net profit at Rs 6.59 crore for the quarter ended March 31, 2019 as compared to Rs 6.15 crore for the same quarter in the previous year. Total income of the company increased by 7.95% at Rs 168.43 crore for quarter under review as compared to Rs 156.03 crore for the quarter ended March 31, 2018.

On consolidated basis, the company has reported fall of 14.48% in its net profit at Rs 13.29 crore for the quarter ended March 31, 2019 as compared to Rs 15.54 crore for the corresponding quarter in the FY18. However, total consolidated income of the company rose marginally by 2.39% at Rs 303.81 crore for quarter under review as compared to Rs 296.71 crore for the same quarter ended previous year.

For the year ended March 31, 2019, the company has posted a rise of 55.54% in its net profit at Rs 45.45 crore as compared to Rs 29.22 crore for the previous year. Total income of company increased 29.15% at Rs 673.86 crore for year under review as compared to Rs 521.75 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has posted rise of 20.63% in its net profit at Rs 68.89 crore as compared to Rs 57.11 crore for the previous year. Total income of company increased by 14.05% at Rs 1,200.93 crore for year under review as compared to Rs 1,053.00 crore for year ended March 31, 2018.

Lumax Auto Tech Share Price

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