Lumax Industries Limited (BSE: 517206, NSE: LUMAXIND) has reported a remarkable revenue growth of 24.2% for the second quarter of FY26, reaching ₹1,009 crores compared to ₹812 crores in Q2 FY25. The company's revenue for the first half of FY26 also showed significant improvement, totaling ₹1,931 crores, which represents a 22.4% increase year-over-year. Alongside this revenue growth, Lumax Industries' EBITDA soared by 45.8% to ₹91 crores in Q2, indicating a strong operational performance despite facing challenges from foreign exchange fluctuations that affected margins.

The profit after tax (PAT) for Q2 FY26 stood at ₹36 crores, reflecting a 26.0% rise compared to ₹28 crores in the same quarter last year. The PAT margin was stable at 3.5%, while the EBITDA margin improved to 9.0% for the quarter. Notably, if the adverse impact of forex losses were excluded, the EBITDA margin would have been approximately 70-80 basis points higher than the previous quarter. This solid financial performance can be attributed to the increasing market penetration of LED lighting solutions, with LED products now contributing 61% of total revenue.

Mr. Deepak Jain, Chairman & Managing Director of Lumax Industries, expressed optimism regarding future growth, citing favorable market conditions driven by recent GST rationalization and the festive season, which have bolstered consumer sentiment. The company has also secured new business from major automakers, positioning itself well for continued demand in the second half of FY26 as disposable incomes rise and new model launches are anticipated. Lumax remains focused on technology-driven growth and enhancing its operational excellence, reinforcing its leadership in the automotive lighting sector.