Lumax Auto Q2FY27 Profit Rises 46%, Approves ₹150 Crore

reported a 46% year-on-year increase in consolidated net profit to ₹11.67 crore in Q2FY27, reflecting improved earnings performance. In a key expansion move, the company’s board approved a capital expenditure of ₹150 crore for setting up a new mechatronics manufacturing facility in Haryana. The proposed investment is expected to strengthen the company’s manufacturing capabilities and support future growth in advanced automotive components. The expansion highlights Lumax Auto Technologies’ focus on enhancing production capacity and meeting evolving industry requirements. Investors will monitor the project’s execution timeline, capacity utilisation, demand trends and future earnings contribution to assess the impact of the investment on the company’s long-term growth.