Archive · 8 Jun 2025

Lumax Auto Tech Anticipates Strong Growth in FY26

Lumax Auto Tech Anticipates Strong Growth in FY26

Lumax Auto Technologies, a car parts company, expects to grow its sales by 20-25% next year.

They are expanding by acquiring Greenfuel, which makes parts for natural gas cars, and plan to grow its revenue significantly over the next few years.

The company also aims for higher profit margins and is exploring other business acquisitions to increase content per vehicle.

Recent financial results show a rise in profit and revenue, with the company planning to grow, using its strong cash position.

Sources