Lumax Auto Technologies shares rally 19% after Q1 earnings

Lumax Auto Technologies shares surged after Q1 profit jumped 83% YoY to Rs 99 crore, while revenue grew 33% to Rs 1,364 crore. EBITDA rose 51% to Rs 205 crore, with margins expanding 190 bps to 15.1% on operational efficiencies, cost optimisation and a favourable product mix.

Raccontata daeconomictimes.indiatimes.com