NIFTY 50 23344.75 ▲ (0.61%)
NIFTY NEXT 50 65106.15 ▲ (0.08%)
NIFTY 100 24048.8 ▲ (0.51%)
NIFTY MIDCAP 100 55106.2 ▲ (0.91%)
NIFTY SMALLCAP 100 17864.65 ▲ (1.09%)
NIFTY SMALLCAP 250 16841.4 ▲ (0.84%)
NIFTY MIDCAP SELECT 12356.5 ▲ (0.87%)
NIFTY TOTAL MARKET 12304.6 ▲ (0.6%)
NIFTY BANK 49350.8 ▲ (1.67%)
SENSEX 77073.44 ▲ (0.59%)
BSE BANKEX 56036.23 ▲ (2.03%)

Lumax Industries Reports Q2: Revenue Up by 26.11% Year-on-Year

[fetch_key]

Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 26.11 % in the past year, substantial increase in net sales/revenue by 6.01 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 48.58 %. Marginal decrease of -27.54% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Lumax Industries Limited. Notable increase of 7.73 % in net profit Year to Year, Lumax Industries Limited’s profitability dropped by -17.25 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 7.73 % Year to Year. EPS decreased by -17.26 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Lumax Industries Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 643.752 Cr Rs. 765.794 Cr Rs. 811.823 Cr + 6.01 % + 26.11 %
Expenses Rs. 588.81 Cr Rs. 708.04 Cr Rs. 752.07 Cr + 6.22 % + 27.73 %
Operating Profit Rs. 54.94 Cr Rs. 57.75 Cr Rs. 59.75 Cr + 3.46 % + 8.76 %
OPM % 8.53 % 7.54 % 7.36 % -0.18 % -1.17 %
Other Income Rs. 15.104 Cr Rs. 30.973 Cr Rs. 22.442 Cr -27.54 % + 48.58 %
Interest Rs. 10.7 Cr Rs. 16.2 Cr Rs. 19.11 Cr + 17.96 % + 78.6 %
Depreciation Rs. 21.33 Cr Rs. 26.4 Cr Rs. 26.45 Cr + 0.19 % + 24 %
Profit before tax Rs. 38.01 Cr Rs. 46.12 Cr Rs. 36.63 Cr -20.58 % -3.63 %
Tax % 47.69 % 43.57 % 49.85 % + 6.28 % + 2.16 %
Net Profit Rs. 26.25 Cr Rs. 34.18 Cr Rs. 28.28 Cr -17.26 % + 7.73 %
EPS in Rs Rs. 28.08 Rs. 36.56 Rs. 30.25 -17.26 % + 7.73 %


Today, we’re looking at Lumax Industries Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 26.11 %. However, it did see a marginal increase of 6.01 % from the previous quarter. Expenses ticked up slightly by 6.22 % quarter-on-quarter, aligning with the annual rise of 27.73 %. Operating profit, while up 8.76 % compared to last year, faced a quarter-on-quarter increase of 3.46 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.17 %, but a shrinkage of -0.18 % sequentially. Other income fell by -27.54 % compared to the last quarter, despite an annual growth of 48.58 %. Interest expenses surged remarkably by 17.96 % from the previous quarter, yet the year-over-year increase remains at a moderate 78.6 %. Depreciation costs climbed by 0.19 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 24 %. Profit before tax declined annually by -3.63 % but saw a reduction from the preceding quarter by -20.58 %.
Tax expenses as a percentage of profits increased slightly by 2.16 % compared to last year, with a more notable quarter-on-quarter increase of 6.28 %. Net profit rose by 7.73 % year-on-year but witnessed a -17.26 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 7.73 % but a quarterly fall of -17.26 %. In summary, Lumax Industries Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 643.752 Cr Rs. 765.794 Cr Rs. 811.823 Cr + 6.01 % + 26.11 %
Expenses Rs. 588.81 Cr Rs. 708.04 Cr Rs. 752.07 Cr + 6.22 % + 27.73 %
Operating Profit Rs. 54.94 Cr Rs. 57.75 Cr Rs. 59.75 Cr + 3.46 % + 8.76 %
Net Profit Rs. 26.25 Cr Rs. 34.18 Cr Rs. 28.28 Cr -17.26 % + 7.73 %
EPS in Rs Rs. 28.08 Rs. 36.56 Rs. 30.25 -17.26 % + 7.73 %


In reviewing Lumax Industries Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 26.11 % year-on-year growth, however, there was a minor increase of 6.01 % from the previous quarter. Expenses rose by 27.73 % compared to the previous year, with a 6.22 % increase quarter-on-quarter. Operating Profit surged by 8.76 % annually, and saw a 3.46 % increase from the last quarter.
Net Profit showed yearly increase of 7.73 %, and experienced a -17.26 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 7.73 % annually, however dipped by -17.26 % compared to the last quarter. In essence, while Lumax Industries Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

[my_shortcode1 values=”Lumax Industries Limited”]

Join our telegram for more updates

Stay Updated with Our YouTube Videos

Related Post