Sales decline 17.09% to Rs 114.34 crore
Net profit of Lumax Auto Technologies declined 86.16% to Rs 1.06 crore in the quarter ended March 2017 as against Rs 7.66 crore during the previous quarter ended March 2016. Sales declined 17.09% to Rs 114.34 crore in the quarter ended March 2017 as against Rs 137.91 crore during the previous quarter ended March 2016.For the full year,net profit declined 73.91% to Rs 5.10 crore in the year ended March 2017 as against Rs 19.55 crore during the previous year ended March 2016. Sales declined 9.52% to Rs 507.85 crore in the year ended March 2017 as against Rs 561.30 crore during the previous year ended March 2016.
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