LUMAXTECH2023-10-012023-12-31 LUMAXTECH2023-10-012023-12-31 LUMAXTECH2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member LUMAXTECH2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member LUMAXTECH2023-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532796 LUMAXTECH NOTLISTED Lumax Auto Technologies Limited Equity 2023-04-01 2024-03-31 2024-02-13 2024-01-30 INR Lakhs Third quarter 12:15:00 14:15:00 2024-02-13 2024-02-13 Not applicable Single segment Manufacturing and Trading of Automotive Components 2023-10-01 2023-12-31 Unaudited Consolidated 7324753000.00 99426000.00 7424179000.00 3874883000.00 722226000.00 -30605000.00 939105000.00 175625000.00 298238000.00 759939000.00 6739411000.00 684768000.00 0.00 684768000.00 224760000.00 -19507000.00 205253000.00 0.00 479515000.00 0.00 0.00 0.00 0.00 479515000.00 26165000.00 505680000.00 364396000.00 115119000.00 390804000.00 114876000.00 136315000.00 2 5.35 5.35 0.00 0.00 5.35 5.35 Notes: 1. The above consolidated financial results of Lumax Auto Technologies Limited ( the Company ) and its subsidiaries (together referred as the Group ) have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on February 13, 2024. 2. These consolidated financial results have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standards (Ind AS) as notified under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015 as amended. The said financial results represents the results of the Group which have been prepared in accordance with Ind AS 110 Consolidated Financial Statements . 3. The Group business activity falls within a single business segment i.e. manufacturing and trading of automotive components, accordingly there are no additional disclosures to be furnished in accordance with the requirement of Ind AS 108 Operating Segments with respect to single reportable segment. Further, the operations of the Group is domiciled in India and therefore there are no reportable geographical segment. 4. The figures for the quarter ended December 31, 2023, September 30, 2023 and for nine months ended December 31, 2023 includes business operations of the stepdown subsidiary company IAC International Automotive India Private Limited (acquired on March 10, 2023). Accordingly, results for the quarter and nine months ended December 31, 2023 are not comparable with corresponding quarter and nine months ended December 31, 2022. 5. The Board of Directors of subsidiary companies namely IAC International Automotive India Private Limited (Transferor Company) and Lumax Integrated Ventures Private Limited (Transferee Company) had accorded their consent to the Scheme of Amalgamation (`Scheme’) for merger of Transferor Company with Transferee Company in their respective meetings held on August 04, 2023. Further, the Scheme was filed with Hon'ble NCLT Mumbai Bench on August 28, 2023 which is pending for approval. 6. During the quarter ended December 31, 2023 the board of directors of the Company at their meeting held on December 26, 2023 has considered and approved the acquisition of Lumax Ancillary Limited LAL by acquiring the entire Equity share capital of LAL. prior to this acquisition, the Company held 14.31% of the Equity share capital of LAL. Subsequent to the current quarter, on January 25, 2024 the Company has acquired remaining 85.69% shares from the existing shareholders of LAL at market value. Accordingly, LAL has become wholly owned subsidiary of the Company w.e.f. January 25, 2024. Effect of this transaction will come in coming quarter ending March 31, 2024. 7. Subsequent to quarter ended December 31, 2023, one of the Subsidiary Companies Lumax Cornaglia Auto Technologies Private Limited has inaugurated its new manufacturing plant at Chakan, Maharashtra on February 06, 2024. 8. The above financial results are available on the Company's website www.lumaxworld.in/lumaxautotech and also on the websites of NSE (www.nseindia.com) and BSE (www.bseindia.com). Single segment 2023-04-01 2023-12-31 Unaudited Consolidated 20643571000.00 271544000.00 20915115000.00 11130703000.00 2045721000.00 -140853000.00 2712927000.00 493243000.00 891130000.00 2133079000.00 19265950000.00 1649165000.00 0.00 1649165000.00 571907000.00 -78940000.00 492967000.00 0.00 1156198000.00 0.00 0.00 0.00 0.00 1156198000.00 316449000.00 1472647000.00 859765000.00 296433000.00 1176939000.00 295708000.00 136315000.00 2 12.61 12.61 0.00 0.00 12.61 12.61 Other Expenses 759939000.00 Other Expenses 2133079000.00 28332000.00 350906000.00 2167000.00 34457000.00 0.00 0.00