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Lumax eyes 20-25% growth in FY26: MD
August 20, 2025
|Financial Express Kolkata
Clean mobility, strong domestic demand to drive revenue increase
DESPITE GLOBALTRADE tensions and technological shifts, Lumax Auto Technologies (LATL) is confident of clocking 20-25% growth for the full financial year, outpacing broader industry trends.
The Gurugram-headquartered company posted a 36% year-on-year growth in revenue to ₹1,026 crore in the first quarter of this financial year, exceeding the sector's single-digit expansion.
According to Anmol Jain, managing director, the growth momentum is expected to continue, backed by strong domestic demand and a rising contribution from clean mobility solutions.
هذه القصة من طبعة August 20, 2025 من Financial Express Kolkata.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Financial Express Kolkata
Financial Express Kolkata
Trump claims Xi agrees Iran must open Hormuz
US PRESIDENT DONALD Trump said Chinese President Xi Jinping had agreed Tehran must reopen the Strait of Hormuz, though China gave no indication it would weigh in.
1 min
May 17, 2026
Financial Express Kolkata
GST 2.0 redraws the premium bike market
ANALYSTS, HOWEVER, CAUTIONED against attributing the segment’s slowdown entirely to GST.
1 min
May 17, 2026
Financial Express Kolkata
For concert economy in India, old is gold
Shows by legacy artistes often sold out
1 min
May 17, 2026
Financial Express Kolkata
Government tightens rules for import of silver
A DAY LATER, it put a limit of 100 kg on the import of gold to curb misuse of the duty-free import facility for value-added exports.
1 min
May 17, 2026
Financial Express Kolkata
GST 2.0 redraws premium bike market
Higher tax slows growth; makers alter strategy
1 mins
May 17, 2026
Financial Express Kolkata
Southwest monsoon advances
THE SOUTHWEST MONSOON has advanced into parts of the southeast Arabian Sea, southwest and southeast Bay of Bengal, the Andaman Sea, the entire Nicobar Islands and parts of the Andaman Islands, including Sri Vijaya Puram, the India Meteorological Department (IMD) said on Saturday.
1 min
May 17, 2026
Financial Express Kolkata
Voda-Idea to raise ‑4,730 crore from ABG entity
VODAFONE IDEA'S BOARD has approved a preferential issue of warrants worth up to ‑4,730 crore to promoter group entity Suryaja Investments, Singapore, an Aditya Birla Group entity, in a fresh capital raise aimed at strengthening the telecom operator’s balance sheet and funding requirements.
1 min
May 17, 2026
Financial Express Kolkata
Gig workers strike over fuel price hike
@ DEMAND ₹20 PER KM MINIMUM RATE
2 mins
May 17, 2026
Financial Express Kolkata
Vi Q4 profit jumps on one-off gains
THE COMPANY POSTED a net profit of ₹51,986 crore for the quarter, from a loss of ₹5,284 crore in the preceding three months, gaining from a one-time benefit of ₹55,622 crore marked under exceptional items.
2 mins
May 17, 2026
Financial Express Kolkata
Andhra CM announces cash incentives for third, fourth child
ANDHRA PRADESH CHIEF Minister N Chandrababu Naidu on Saturday announced incentives of ₹30,000 for the birth of a third child and ₹40,000 for a fourth, as part of efforts to reverse the state's declining population trend.
1 min
May 17, 2026
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