Lumax Industries’ Q1 revenues decline 80.6% y/y to USD10.3 million
Revenues decline due to the COVID-19 pandemic which caused suspension of manufacturing activities coupled with lower production by OEMs
Lumax Industries has reported an 80.6% y/y decline in revenue from operations to INR780 million (USD10.3 million) for the first quarter ended 30 June 2020, according to a company press release on 12 August.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
