Lumax Industries Announces Audited Financial Results, Director Changes, and Final Dividend Recommendation
Lumax Industries Limited announced the outcome of its Board Meeting held on May 28, 2026, releasing the audited financial results for the fourth quarter and the full financial year ended March 31, 2026. The board meeting outcomes included major updates regarding key managerial personnel, auditor re-appointments, and the recommendation of a final dividend.Audited Financial Results for FY 2025-26
The company released the audited Standalone and Consolidated Financial Results for the quarter ended March 31, 2026, and the financial year ended March 31, 2026. The statutory auditors provided an unmodified opinion on these results.Standalone Financial Results Summary (Rs. in Lakhs, unless otherwise stated):
| Metric | Quarter Ended 31.03.2026 (Audited) | Year Ended 31.03.26 (Audited) |
|---|---|---|
| Total Income | 1,20,121.87 | 4,21,419.98 |
| Total Expense | 1,14,012.35 | 3,30,764.09 |
| Profit for the Year | 4,392.61 | 14,649.59 |
| Total Comprehensive Income | 4,500.87 | 14,731.36 |
Consolidated Financial Results Summary (Rs. in Lakhs, unless otherwise stated):
| Metric | Quarter Ended 31.03.2026 (Audited) | Year Ended 31.03.26 (Audited) |
|---|---|---|
| Total Income | 1,20,031.85 | 4,19,110.73 |
| Total Expenses | 1,13,946.18 | 3,30,657.78 |
| Profit for the Year | 5,409.80 | 17,246.89 |
| Total Comprehensive Income | 5,515.94 | 17,593.70 |
The company's standalone and consolidated balance sheets for March 31, 2026, showed Total Assets and Total Equity and Liabilities, respectively, at 3,16,255.02 lakhs and 3,16,255.02 lakhs.
Key Personnel and Governance Updates
The Board approved several key changes related to the company's leadership and statutory appointments, all subject to shareholder approval via Special Resolution in the Annual General Meeting.Director Designations:
| Individual | Current Role | New/Re-appointment Role | Effective Date |
|---|---|---|---|
| Mr. Deepak Jain | Chairman and Managing Director | Chairman (Whole Time Director) | May 28, 2026 |
| Mr. Anmol Jain | Joint Managing Director | Managing Director | May 28, 2026 |
| Mr. Tadayoshi Aoki | N/A | Senior Executive Director/Whole Time Director | February 03, 2027 (for 3 years) |
The company also confirmed the re-appointment of statutory auditors. M/s Grant Thornton Bharat LLP has been re-appointed as Internal Auditors for the Financial Year 2026-27, and M/s Jitender, Navneet & Co., Cost Accountants have been re-appointed as Cost Auditors for the same period.
Dividend and General Meeting Details
The Board of Directors recommended a final dividend of Rs. 55/- per Equity Share. This equates to 550% of the face value of Rs. 10/- for the Financial Year 2025-26. The dividend, if approved by the shareholders, is slated for payment within 30 days of the approval/declaration.Regarding shareholder meetings, the company announced:
- Annual General Meeting (AGM): The 45th Annual General Meeting is scheduled for Monday, August 24, 2026, conducted via Video Conferencing/other Audio-visual means.
- Record Date: The date set for determining shareholders eligible to receive the dividend for the Financial Year 2025-26 is Thursday, August 06, 2026.
The Board also recommended seeking shareholder approval for Material Related Party Transactions with Lumax Auto Technologies Limited during the Financial Year 2026-27.
LUMAXIND Stock Price Movement
On Wednesday, Lumax Industries Limited shares edged up by 1.25%, settling at ₹5978.5 on the trading day. The stock finished the period on positive momentum, with 41,542 shares contributing to the day's volume.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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