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CIN: L31909DL1981PLC349793 Lumax™ LATL:CS:BM:2020-21 Date: 14.08.2020 BSE Limited National Stock Exchange of India Limited Listing Compliance Department Listing Compliance Department Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1 Block G, Dalal Street, Mumbai - 400 001 Bandra Kurla Complex, Bandra (E), Mumbai - 400051 Company Code : 532796 Company Code : LUMAXTECH Subject: Submission of Newspaper Cuttings of Unaudited Financial Results for the quarter ended June 30, 2020. Dear Sir/Ma’am, Please find enclosed herewith the copies of Unaudited Financial Results for the quarter ended June 30, 2020 published in Newspapers on August 14, 2020 in the Financial Express (English All Editions) and Jansatta (Hindi- Delhi Edition) for your records. The published copies of aforesaid results will also be made available on the website of the Company at www.lumaxworld.in/lumaxautotech. This is for your information and record. Thanking you, Yours faithfully, Far LUMAX AUTO TECHNOLOGIES LIMITED ¢ ANIL TYAGI COMPANY SECRETARY M.NO. A-16825 Encl.: as above Lumax Auto Technologies Limited Regd. Office: T+91 11 4985 7832 2™ Floor, Harbans Bhawan-Il, E [email protected] . Commercial Complex, Nangal Raya, DK J AIN New Delhi 110045, India wan. lumancaworld_in GROUP

Transcript of Lumax™ · gay sites Pra—sihe Sieh Sarit 8. aude Rady afters, wt at 2 ANGHE () sta wr : ag...

Page 1: Lumax™ · gay sites Pra—sihe Sieh Sarit 8. aude Rady afters, wt at 2 ANGHE () sta wr : ag feecht fafa : 13 SATE, 2020 LUMAX Se aes cores: 491 11.49657832 Deans Pia : shares@lumaxmail.com,

CIN: L31909DL1981PLC349793

Lumax™ LATL:CS:BM:2020-21 Date: 14.08.2020

BSE Limited National Stock Exchange of India Limited

Listing Compliance Department Listing Compliance Department

Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1 Block G,

Dalal Street, Mumbai - 400 001 Bandra Kurla Complex,

Bandra (E), Mumbai - 400051

Company Code : 532796 Company Code : LUMAXTECH

Subject: Submission of Newspaper Cuttings of Unaudited Financial Results for the quarter ended

June 30, 2020.

Dear Sir/Ma’am,

Please find enclosed herewith the copies of Unaudited Financial Results for the quarter ended June

30, 2020 published in Newspapers on August 14, 2020 in the Financial Express (English — All Editions)

and Jansatta (Hindi- Delhi Edition) for your records.

The published copies of aforesaid results will also be made available on the website of the Company

at www.lumaxworld.in/lumaxautotech.

This is for your information and record.

Thanking you,

Yours faithfully,

Far LUMAX AUTO TECHNOLOGIES LIMITED ¢

ANIL TYAGI

COMPANY SECRETARY

M.NO. A-16825

Encl.: as above

Lumax Auto Technologies Limited

Regd. Office: T+91 11 4985 7832

2™ Floor, Harbans Bhawan-Il, E [email protected] .

Commercial Complex, Nangal Raya, DK J AIN

New Delhi — 110045, India wan. lumancaworld_in GROUP

Page 2: Lumax™ · gay sites Pra—sihe Sieh Sarit 8. aude Rady afters, wt at 2 ANGHE () sta wr : ag feecht fafa : 13 SATE, 2020 LUMAX Se aes cores: 491 11.49657832 Deans Pia : shares@lumaxmail.com,

Lumax Auto Technologies Limited ¥ e Regd. Office: 2™ Floar, Harbans Bhawan-ll, Commercial Complex, Nangat Raya, New Delhi- 110046

LUMAX Website: www. lumaxworid.in/lumaxautotech, Tel: +91 11 49857832 DK JAIN

Email: [email protected], CIN: L31909DL1981PLC349793 Cho

EXTRACT OF CONSOLIDATED UNAUDITED RESULTS FOR THE QUARTER ENDED JUNE 30, 2020

(® In Lakhs unless otherwise stated)

s Quarter Ended} YearEnded | Quarter Ended

i PARTICULARS 30.06.2020 | 31.03.2020 | 30.06.2019 /! (Unaudited) (Audited) (Unaudited)

(Restated)

1 | Revenue from contracts with customers 7,098.35 114,091.38 28,754.03

2 | Net (Loss) / Profit for the period before tax from continuing operations (1,945.87) 6,468.28 1,796.12

3 | Net (Loss) / Profit for the period after tax from Continulng Operations (1,483.40) 5,100.44 1,156.99

4 | Net Profit for the period before tax from Discontinued Operations - 948.58 948.58

5 | Net Profit for the period after tax from Discontinued Operations - 825.29 617.11

6 | Net (Loss) / Profit after tax (Including non- controlling interest) (1,483.40) 5,925.73 1,774.10

7 ‘Net (Loss) / Profit for the period / year (after taxes and non- controlling Interest) (1,230.98) 5,803.89 1,743.50

78 J Total Comprehensive (Loss}/Income for the period/year (after non-controlling interest) (101.29) 710.49 (1,049.97)

|) | 9 | Equity Share Capital (in Rs.) . 1,363.15 1,363.15 1,363.15

| } 10°] Earnings per share (Rs. per share of face value of Rs. 2 each) ‘Eamings per share for continuing operation: {In Rs.) :

_| Basic & Diluted (in Rs.) (1.81) 7.30 1.65

Eamings per share for Discontinued operation: (In Rs.) :

Basic & Diluted (in Rs.) - 1.21 0.91

Earnings per share for Continuing and Discontinued operation: (In Rs.}': Basic & Bite (in Rs.) (1.81) 8.52 2.56

1 | Revenue Scr contracts with customers 6,078.59 94,236.07 23,575.89

2 | (Loss) / Profit, Before Tex from Continuing operations (1,027.43) 6,125.05 1,629.37

3 | Profit Before Tax from Discontinued operations - 948.58, 948.58

4. | Total Comprehensive Income / (Loss) for thie period 358.46 847.37 (1,101.49)

Notes: 1. These financial results have been rpc In-accordance with Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of

the Companies Act, 2013 read with Rule 3 of the Companies (indian Accounting Standards) Rules, 2015 and relevant amendment thereafter.

2. The above Consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their

meeting held on August 13, 2020. Audit under Regulation 33 of SEB! (Listing Obligations and Disclosure Requirements) Regulations, 2015 has been carried out by the Statutory Auditor of the group. The auditors have expressed an unqualified opinion along with emphasis of

matter paragraph on the above results. 3. The Group business activity falls within a enale business segment i.e. manufacturing and trading of Automotive Components and

therefore, segment reporting in terms of Ind-AS 108 on Segmental Reporting Is not applicable.

4. World Health Organisation (WHO) declared outbreak of Coronavirus Disease (COVID-19) a global pandemic on March 11, 2020. Consequent to this, Government of India declared lockdown on March 23, 2020 and the Group temporarlly suspended the operations in

all the units of the Group in compliance with the fockdawn instructions issued by the Central and State Governments. COVID-19 has impacted the normal business operations of the Group by way of interuption in production, supply chain disruption, unavailability of personnel, closure/lockdown of production facilities, etc, during the lockdawn’ period which has been extended till May 17, 2020, However, production and supply of goods has commenced duting the month of April, May and tine, 2020 on various dates at all the manufacturing locations of the Group. Accordingly, sales and profit for the quarter (0, 2020 has been impacted and

therefore, the'results of this quarter are not comparable to previous Soreseetcinaccis The Group has made detailed assessment of its liquidity position for the next comprising property, plant and equipment, intangible assets, right of use assets, Ir current indicators of fillure economld conditions, the Group expects toxecover the carrying -of these assets. The situation is changing rapidly giving rise to inherent uncertainty around the extent and: timing. of the potential futurednpact of the COVID-19 which may be different from that estimated as at the date of approval of these. consolldated financial results. The Group wilt continue to closely

| monitor any material changes arising of future economic conditions and impact on its business. - 5. During the year ended March 31, 2020, the Holding Company had receiv proval fromthe National Company Law Tribunal (NCLT) on

October 31, 2019 (fied with Reglstrar of Companles on November 03, dt respect of a Scheme of Amalgamation in accordance with Section 230 to 232 of the Companies Act, 2013 among the Holdi i iS whally owned subsidiary namely; Lumax DK Auto Industries Limited ("LOK"), Accordingly, the Holding Company he af (he Scheme In.the financial results for the year ended March 31, 2020 applying principles of Appendix C to {Ind-AS}, Combinations: of: entitfes, mugder Common Control’ w.e.f. April 01, 2018.

6. . In respect one of the property which was to be sold above the previous year, the management based on discussids

reviewed both from timing and value perspective andth 7. With respect to the fact that the negotiation for acaul

ind - carrying value of its assets Ayand trade receivables. Based on

; hte Holding Company has entered into.an agreement during fering the present situation the transaction shall be

lat cost inthe books ofaccounts. balance stake from the JV partner, Gill-Austem In respect of Lumax GIll-

3 stage, the managements hopeful for favourable outcome and thus the Holding die to going concer of the JV Company i.e. Lumax Gill-Austem Auto

Technologies Private Limited. 8. The above financial results are available ss Com

(www.nselndia.com) and BSE (www. bseindiac e www. lumaxworld.inumaxautotech and also on the websites of NSE

For and on behalf of the Baard of Directors Place : New Delhi PAS cae

Date : August 13, 2020 DIN: 0¢ wee athe ae

Page 3: Lumax™ · gay sites Pra—sihe Sieh Sarit 8. aude Rady afters, wt at 2 ANGHE () sta wr : ag feecht fafa : 13 SATE, 2020 LUMAX Se aes cores: 491 11.49657832 Deans Pia : shares@lumaxmail.com,

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