Summary
Lumax Auto Technologies shares rallied 19% after the company reported an 83% year-on-year jump in Q1 profit to Rs 99 crore, with revenue growing 33% to Rs 1,364 crore. EBITDA increased by 51% to Rs 205 crore, and margins expanded by 190 bps to 15.1% due to operational efficiencies and a favorable product mix.