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Hindustan Times
10-08-2025
- Automotive
- Hindustan Times
Lumax Auto Q1 FY26 revenue rises 20% on strong performance across segments
Lumax Auto Technologies Limited has posted a consolidated revenue of ₹1,026 crore for the quarter ended June 30, 2025, reflecting a 36 per cent year-on-year (YoY) increase from ₹756 crore in the same period last year. The company's profit after tax before minority interest rose 30 per cent to ₹54 crore compared to ₹42 crore in Q1 FY25. Passenger vehicles continued to dominate Lumax Auto's revenue mix in Q1 FY26, accounting for 55 per cent compared to 53 per cent last year. EBITDA was ₹136 crore, a YoY increase of 29 per cent, although margins fell marginally to 13.2 per cent from 14 per cent in Q1 FY25. The reason behind this, the company said, was price corrections received from customers after the end of the quarter, and the benefit is likely to be seen in Q2 performance. Also check these Cars Find more Cars UPCOMING VinFast VF e34 41.9 kWh 41.9 kWh 318 km 318 km ₹ 25 - 30 Lakhs Alert Me When Launched UPCOMING Hyundai Stargazer 1493 cc 1493 cc Multiple Multiple ₹ 10 Lakhs Alert Me When Launched Tata Altroz Racer 1199 cc 1199 cc Petrol Petrol ₹ 9.49 Lakhs Compare View Offers UPCOMING MG Baojun 510 1998 cc 1998 cc Diesel Diesel ₹ 11 Lakhs Alert Me When Launched Lamborghini Huracan Evo Spyder 5204 cc 5204 cc Petrol Petrol ₹ 3.54 Cr Compare View Offers Lamborghini Huracan STO 5204 cc 5204 cc Petrol Petrol ₹ 4.99 Cr Compare View Offers Segment and business mix Passenger vehicles continued to dominate Lumax Auto's revenue mix in Q1 FY26, accounting for 55 per cent compared to 53 per cent last year. Two- and three-wheeler contributions fell to 21 per cent from 26 per cent, while the commercial vehicle segment improved to 11 per cent from 7 per cent. Also Read : Lumax group sets aside ₹250 cr for capex By business mix, advanced plastics was the biggest category at 51 per cent of revenue, followed by structures and control systems at 18 per cent. The alternate fuels segment was 9 per cent of revenue in Q1 FY26, the first time it has featured in the mix. Operational and strategic developments The company's OEM business grew 5 per cent YoY, while the aftermarket segment rose 16 per cent. Subsidiaries excluding recently acquired Greenfuel reported 36 per cent growth, which rose to 59 per cent when Greenfuel's performance was included. During the quarter, Lumax Auto completed the acquisition of the remaining 25 per cent stake in IAC International Automotive India. The company also set up two new wholly owned subsidiaries—Lumax Autocomp Private Limited and Lumax Auto Solutions Private Limited—to explore emerging opportunities in the automotive sector. The board also approved the establishment of a branch office in China and a new technology centre—SHIFT (Smart Hub for Innovation and Future Trends)—in Bengaluru. New launches and recognitions In Q1 FY26, Lumax Auto introduced products for several OEMs, including a shark fin antenna for Mahindra's Scorpio N, feeder assemblies for Honda City export models, and accessory parts for models from Mahindra and Toyota. Management anticipates EBITDA margins to be in the 14–15 per cent range for the half-year of FY26, driven by recovery on price adjustments and seamless integration of the recent acquisitions. With expansion in EV interiors, alternative fuels, and new technology centers, Lumax Auto is to carry forward growth momentum in segments. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date:
Hindustan Times
07-08-2025
- Automotive
- Hindustan Times
Uno Minda sees 18 per cent revenue growth in Q1 FY26, driven by sensors and ADAS
Gurugram-based auto component maker Uno Minda has reported an 18 per cent year-on-year revenue growth in the first quarter of FY26, driven by demand across core and emerging product categories. Uno Minda's consolidated revenue for the quarter ended June 30, 2025, stood at ₹ 4,489 crore, an 18 per cent increase over ₹ 3,818 crore in Q1 FY25. The results, however, include ₹ 69 crore as incentive income from a prior period. Uno Minda's consolidated revenue for the quarter ended June 30, 2025, stood at ₹4,489 crore, an 18 per cent increase over ₹3,818 crore in Q1 FY25. The results, however, include ₹69 crore as incentive income from a prior period. Excluding this one-time item, the company's underlying growth still reflects continued demand across switches, lighting, seating systems, and alloy wheels. Also check these Cars Find more Cars UPCOMING VinFast VF e34 41.9 kWh 41.9 kWh 318 km 318 km ₹ 25 - 30 Lakhs Alert Me When Launched UPCOMING Hyundai Stargazer 1493 cc 1493 cc Multiple Multiple ₹ 10 Lakhs Alert Me When Launched Tata Altroz Racer 1199 cc 1199 cc Petrol Petrol ₹ 9.49 Lakhs Compare View Offers UPCOMING MG Baojun 510 1998 cc 1998 cc Diesel Diesel ₹ 11 Lakhs Alert Me When Launched Lamborghini Huracan Evo Spyder 5204 cc 5204 cc Petrol Petrol ₹ 3.54 Cr Compare View Offers Lamborghini Huracan STO 5204 cc 5204 cc Petrol Petrol ₹ 4.99 Cr Compare View Offers EBITDA (earnings before interest, tax, depreciation, and amortisation) rose 33 per cent year-on-year to ₹543 crore, with the EBITDA margin expanding to 12.1 per cent from 10.7 per cent a year ago. Adjusted for the incentive income, normalised EBITDA stood at ₹474 crore, maintaining a margin of 10.7 per cent. Profitability strengthens, backed by diversified portfolio Profit after tax attributable to shareholders was reported at ₹291 crore for Q1 FY26, up 46 per cent from ₹198 crore in the same period last year. On a normalised basis, excluding prior-period income, PAT came in at ₹239 crore, reflecting a 21 per cent increase year-on-year. Also Read : This electric bike packs cutting-edge safety tech at a low cost. But it will not launch. Here's why The company attributed this performance to strong traction across both legacy segments and newer areas such as advanced driver assistance systems (ADAS), sensors, and controllers. These new categories are becoming an increasingly significant component of Uno Minda's future product portfolio, as the auto sector shifts towards electrification and digitalisation. Strategic investments in EV and electronics Uno Minda's guidance suggested that its recent investments in EV parts and high-tech electronics are finally paying off. 'Our strategic focus on future-ready technologies is enabling us to stay ahead of the curve as the industry transforms," said Sunil Bohra, CFO of Uno Minda. The company continues to focus on localisation, disciplined capital allocation, and maintaining margin stability as it scales its presence in both domestic and global markets. Uno Minda has 76 manufacturing units and 37 R&D centers globally, complementing its alliances with various international partners in Japan, Germany, Korea, and China. Also Read : Uno Minda launches LED Blinkers for Royal Enfield motorcycles, priced at ₹1,137 Gradual shift toward next-gen mobility solutions Looking at the trends in the industry, Ravi Mehra, Managing Director, Uno Minda, observed that the shift toward premiumisation, safety, and EV is changing the automotive landscape. Uno Minda wants to grow its footprint in this changing environment by continuing to invest in innovation, capacity, and customer development. While near-term macroeconomic headwinds are an issue, the diversified nature of the company and early investment into next-gen technologies buffer it against cyclicality and well position it for long term growth. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date:
Hindustan Times
31-07-2025
- Automotive
- Hindustan Times
Drivers must warn before halting on highways, says Supreme Court
The Supreme Court has recently ruled that making abrupt halts on highways—especially without prior warning—can be deemed an act of negligence. This decision came while hearing a case involving a road accident, where the court observed that stopping suddenly on a highway could put other vehicles at serious risk, especially if it's done without proper signals. The court noted that highways are designed for high-speed travel, and unexpected halts can endanger not just the driver but others on the road as well. Emphasising the potential consequences, the bench said that many of India's highways lack shoulders or warning signs for upcoming speed breakers, making it even more crucial for drivers to remain alert and cautious. Also check these Cars Find more Cars UPCOMING VinFast VF e34 41.9 kWh 41.9 kWh 318 km 318 km ₹ 25 - 30 Lakhs Alert Me When Launched UPCOMING Hyundai Stargazer 1493 cc 1493 cc Multiple Multiple ₹ 10 Lakhs Alert Me When Launched Tata Altroz Racer 1199 cc 1199 cc Petrol Petrol ₹ 9.49 Lakhs Compare View Offers UPCOMING MG Baojun 510 1998 cc 1998 cc Diesel Diesel ₹ 11 Lakhs Alert Me When Launched Lamborghini Huracan Evo Spyder 5204 cc 5204 cc Petrol Petrol ₹ 3.54 Cr Compare View Offers Lamborghini Huracan STO 5204 cc 5204 cc Petrol Petrol ₹ 4.99 Cr Compare View Offers It further clarified that while there might be genuine reasons for a vehicle to stop suddenly, like an emergency or road obstruction, the driver must still make every effort to alert others behind them. The responsibility lies with the driver to ensure they don't endanger fellow motorists by braking without giving adequate warning. A key takeaway from the court's statement: 'On highways, high speeds are normal. If a driver plans to stop, he must alert others—it is his responsibility." The decision came in a case involving a young engineering student whose leg had to be amputated following a multi-vehicle crash in Tamil Nadu. A two-judge bench, led by Justices Suddhanshu Dhulia and Aravind Kumar, noted that national highways are designed for steady and swift travel, and any driver intending to pause must ensure trailing traffic is warned in time. The case stemmed from a 2017 incident in Coimbatore, where the student, S Mohammed Hakim, collided with a car that had come to a sudden stop. Thrown onto the tarmac, he was then struck by a bus approaching from behind. The car driver later explained that he stopped because his pregnant spouse felt unwell. Blame shared, but driver's actions deemed primary trigger While the student was criticised for riding without a proper licence and not keeping enough space from the vehicle ahead, the judges agreed that the chain of events began with the car's unannounced halt. The court concluded that the car driver was 50 per cent responsible for the accident. The bus operator was held 30 per cent liable, while Hakim was assigned 20 per cent of the fault for contributory negligence. Previous findings overturned Earlier, the Motor Accident Claims Tribunal had cleared the car driver and attributed the fault mainly to the bus driver and Hakim. The Madras High Court later revised this view, placing a greater share of responsibility on the car driver. The Supreme Court's latest judgment has further adjusted the distribution of blame, placing primary responsibility on the car driver. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date:
