Q3FY17 Results : Lumax Auto Tech
Bhagyashree Vivarekar / 06 Feb 2017
The company's adjusted PAT of Rs 7.98 crore represents a sequential QoQ decline of 37.17 per cent and a YoY increase of 6.4 per cent.
Lumax Auto Technologies Ltd. reported its consolidated results for the quarter ended December 31,
The company’s sales for Q3FY17 were Rs 231.7 crore, which represent a 15.41
Its operating loss (EBIT) for the quarter was Rs 2 crore.
The company's adjusted PAT of Rs 7.98 crore represents a sequential QoQ decline of 37.17 per cent and a YoY increase of 6.4 per cent.
Lumax Technologies deals in automotive parts like sheet metal parts, fabricated assemblies, tubular parts, for two-wheeler and three-wheeler industry. The product range of the company includes frame assemblies, gear shifters, parking brakes, chassis, exhaust system and petrol tanks. The company operates in one business segment, viz. automotive components.