Lumax Industries Share Price Falls Over 6% After Q2 FY27 Earnings Results: Total Income Up 32.8% YoY

On October 26, 2026, Lumax Industries Limited released its unaudited consolidated financial results for the quarter and half-year ending September 30, 2026, as per the exchange filings.  

The company reported a significant increase in total income and net profit compared to the previous year, reflecting its robust financial performance. 

Lumax Industries Q2 FY27 Earnings Results 

For the quarter ending September 30, 2026, Lumax Industries' total income increased by 32.8% year-on-year (YoY) to ₹1,342.54 crore, up from ₹1,010.78 crore in the same quarter last year. On a quarter-on-quarter (QoQ) basis, total income rose by 9.5% from ₹1,226.53 crore in the June 2026 quarter. 

The company's net profit for the September 2026 quarter was ₹51.99 crore, marking a 45.9% YoY increase from ₹35.64 crore in the previous year. This also represents a 1.8% QoQ rise from ₹51.08 crore in the June 2026 quarter. 

Half-Yearly Financial Overview 

For the half-year ending September 30, 2026, Lumax Industries' total income reached ₹2,569.07 crore, reflecting a 32.7% YoY growth from ₹1,936.03 crore in the corresponding period of the previous year.  

Net profit for the half-year was ₹103.07 crore, up 43.5% YoY from ₹71.83 crore. 

Board Meeting Decisions and Executive Updates 

In a board meeting held on October 26, 2026, Lumax Industries' Board of Directors approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The board also approved issuing unlisted commercial paper worth ₹50.00 crore to Kotak Mahindra Bank Limited. 

The Nomination and Remuneration Committee recommended extending the term of Company Secretary Mr. Raajesh Kumar Gupta for 1 year, effective January 1, 2027, as he reaches superannuation on December 31, 2026. 

Associate Company Proposal and Consolidated Financials 

SL Lumax Limited, an associate entity, proposed a name change to SL India Limited. This change will not affect the current board structure or equity holdings. Lumax Industries will continue to record its financials using the associate accounting method. 

The consolidated financial statement includes Lumax Industries Limited, Lumax Industries Czech SRO, and SL Lumax Limited. Total consolidated income for the quarter was ₹1,342.54 crore, with a consolidated profit before exceptional items and tax of ₹69.57 crore and a net profit of ₹51.99 crore. 

Assets, Liabilities, and Cash Flow 

As of September 30, 2026, the group balance sheet recorded total consolidated assets of ₹3,903.90 crore. Non-current assets were ₹1,962.26 crore, while current assets stood at ₹1,841.64 crore.  

Consolidated equity was ₹969.62 crore, with long-term liabilities at ₹407.39 crore and short-term operational liabilities at ₹2,526.89 crore. 

Consolidated operations generated a net cash flow of ₹124.80 crore during the half-year, with investing activities using ₹125.14 crore and financing applications consuming ₹9.80 crore, leaving cash and cash equivalents at ₹14.80 crore. 

Read More: Jammu & Kashmir Bank Share Price in Focus After Q2 FY27 Earnings Results: Total Income Up 17.3% YoY! 

Lumax Industries Share Price Performance 

As of October 26, 2026, at 2:46 PM, Lumax Industries share price on NSE was trading at ₹4,950.50, down by 6.66% from the previous closing price. 

Conclusion 

Lumax Industries reported a 32.8% YoY increase in total income to ₹1,342.54 crore for the September 2026 quarter, with a 45.9% YoY rise in net profit to ₹51.99 crore. The half-year results showed a 32.7% YoY growth in total income to ₹2,569.07 crore and a 43.5% YoY increase in net profit to ₹103.07 crore. 

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