Lumax Industries Reports 24% Revenue Growth in Q2 FY26 Results
Filing Summary
Lumax Industries Limited released its financial results for the second quarter and half-year ending September 30, 2025. The company reported a 24% year-over-year increase in revenue for Q2 FY26, reaching INR 1,009 crore. EBITDA rose by 46% to INR 91 crore, with a margin of 9.0%. Profit after tax increased by 26% to INR 36 crore. The company attributed margin impacts to foreign exchange fluctuations. The product mix for H1 FY26 included 61% LED lighting. Lumax also announced several new product launches and received industry awards.
Lumax Industries Limited has announced its financial results for the second quarter and half-year ending September 30, 2025. The company reported a significant increase in revenue, with Q2 FY26 revenue standing at INR 1,009 crore, marking a 24% year-over-year growth compared to INR 812 crore in Q2 FY25. For the half-year period, revenue reached INR 1,931 crore, reflecting a 22.4% increase from the same period last year.
The company’s EBITDA for Q2 FY26 was reported at INR 91 crore, a 45.8% increase from the previous year. The EBITDA margin for the quarter was 9.0%, while the half-year margin stood at 9.1%. The company noted that margins were affected by exceptional foreign exchange fluctuations, which, if excluded, would have increased the EBITDA margin by approximately 70–80 basis points. Profit after tax, including the share of associates, was INR 36 crore for Q2 FY26, up by 26% from INR 28 crore in Q2 FY25. The PAT margin for the quarter was 3.5%.
In terms of operational performance, the share of LED lighting accounted for 61% of total revenue in H1 FY26, with conventional lighting making up the remaining 39%. The product mix was composed of 69% front lighting, 22% rear lighting, and 9% other lighting products. The segment mix showed 65% of revenues coming from passenger vehicles, 29% from two-wheelers, and 6% from commercial vehicles.
During the quarter, Lumax Industries launched several new products, including tail lamps for MSIL’s XL6 and Ertiga models, and various lamps for the Victoris model. In the two-wheeler category, new head and tail lamps were introduced for TVS’s E Orbitor and Honda’s CB125 Hornet. Additionally, the company received the GreenPro Ecolabel Certificate for its Bengaluru plant and was awarded the Sustainability Excellence Award at the Tata Motors Annual Supplier Conference 2025.
The timeline for these financial results covers the second quarter and half-year ending September 30, 2025. The results were officially released on November 8, 2025, and are available on the company’s website. The company continues to focus on expanding its product offerings and maintaining its leadership in the automotive lighting industry.
Lumax Industries Limited is a leading player in the automotive lighting industry in India. The company has a longstanding partnership with Stanley Electric Co. Limited, Japan, and operates eleven manufacturing plants strategically located near major OEMs. Lumax supplies to prominent OEMs such as Maruti Suzuki, Mahindra & Mahindra, Tata Motors, and others, emphasizing technology-led growth and customer engagement.