Lumax Auto Technologies Q4FY17 Results

Lumax Auto Technologies Ltd. reported its results for the quarter ended March 31, 2017 today.

The company's total sales for Q4FY17 came in at Rs. 231.41 crore, which represents a 0.16 per cent sequential decline and 1.88 per cent YoY decline.

Its operating profit (EBIT) for the quarter amounted to Rs. 6.47 crore and its EBIT margin stood at 2.8 per cent.

The company reported PAT of Rs 6.7 crore, which represents a sequential QoQ increase of 58.02 per cent and a YoY increase of 10.56 per cent

Lumax Technologies is an Indian company dealing in automotive parts like sheet metal parts, fabricated assemblies, tubular parts for two-wheelers and three-wheelers. The product range of the company includes frame assemblies, gear shifters, parking brakes, chassis, exhaust system and petrol tanks. The company has only one business segment, i.e. automotive components.