Gurugram, May 29, 2025 – Lumax Auto Technologies Limited (LATL) has declared that it has surpassed the Rs 1,000 crore milestone in Q4 FY25. Officials from the company credit “strong operational performance and strategic expansion through inorganic growth initiatives” for this accomplishment.
LATL’s Q4 FY25 turnover was Rs 1,133 crores, a 50% year-over-year increase from Q4 FY24’s ₹757 crores. In FY25, the company’s full-year revenue increased by a noteworthy 29% to ₹3,637 crores, up from ₹2,822 crores in FY24.
After taxes, LATL’s consolidated profit increased from 67 crores to 229 crores, a 37% increase.
Senior company officials who provided the revenue breakdown stated that OEM customer revenue grew by 7% in Q4 FY25 and 13% for the year. With a 10% quarterly increase, the aftermarket segment recorded its first-ever double-digit annual growth, demonstrating robust customer traction and product acceptance.
“We are happy to report another year of strong financial performance, with our consolidated revenue surpassing Rs 3,600 crores and achieving robust profit growth of 37%,” said Anmol Jain, Managing Director of Lumax Auto Technologies Limited, in response to the performance.
He further added that the company is well-positioned for the changing automotive landscape thanks to our strategic focus on inorganic growth through targeted acquisitions, such as our foray into alternative fuels and the consolidation of our IAC India operations.
“Our operational excellence and the synergies we are experiencing from our enlarged portfolio are demonstrated by the improved EBITDA margins. As we proceed, we’re still dedicated to using both inorganic and organic growth tactics to generate long-term value for all parties involved.” Jain further added
During the fiscal year, Lumax Auto Technologies made strategic partnerships and acquisitions, most notably the purchase of Greenfuel Energy Solutions, to accelerate its inorganic growth strategy as part of its growth initiatives.
In its wholly owned subsidiary, Lumax Resources Private Limited, LATL invested Rs 48 crores in optionally convertible redeemable debentures. Through this investment, Lumax Resources was able to strategically enter the alternative fuels industry by purchasing a 60% controlling stake in Greenfuel Energy Solutions Private Limited for Rs 153 crores.
The board of the company also approved the purchase of the remaining 25% of IAC International Automotive India Private Limited for ₹221 crores, strengthening Lumax’s position in the automotive component market and establishing the company as a wholly-owned subsidiary. In Chakan, Pune, IAC India recently opened two cutting-edge production facilities that support Mahindra & Mahindra BE6 and XEV9e BEV models.
Additionally, the company has authorised an investment of up to Rs 0.51 crores in a subsidiary of AMPIN C&I Private Limited, positioning it for future-ready investments and further diversification. With this investment, Lumax will be able to use solar energy as a captive user across all three of its plants in Maharashtra, proving its dedication to environmentally friendly production methods.
Two new wholly-owned subsidiaries, “Lumax Auto Solutions Private Limited” and “Lumax Autocomp Private Limited,” have also been approved by the board in order to take advantage of new growth prospects in the automotive industry.
When asked about their outlook for the future, LATL officials said they were confident in their expanding product line, strategic acquisitions, and strong balance sheet. They believe Lumax Auto Technologies is well-positioned to capitalize on the growing automotive market and emerging mobility solutions.
