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Lumax Auto
Technologies hosted a conference call on Nov 10, 2025. The company was
represented by Mr. Anmol Jain – Managing Director, Mr. Sanjay Mehta – Director
& Group Chief Financial Officer, and Mr. Vikas Marwah – Chief Executive
Officer.
Key takeaways of the call
Consolidated
revenue rose 37% YoY both in Q2 FY26 & H1 FY26, driven by sustained demand
from key OEMs, scale-up of new program launches, and strong momentum in the
passenger vehicle and aftermarket businesses.
In Q2 FY26,
EBITDA margin improved driven by shift toward higher-value products and
disciplined execution. The sequential margin recovery also captures the delayed
realization of customer price corrections from Q1 FY26.
The recent GST
reforms have provided a strong demand stimulus to the automotive sector.
Additionally, RBI rate cuts and income tax relief measures have boosted
disposable income.
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