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Lumax Industries Ltd’s Q1FY2023 Results

The revenue from operations stood at Rs. 512 crore for Q1FY23 as against Rs. 314 crore in Q1FY22, up by 63%. There appears to be a sequential decline in revenue, which was due to lower sales of moulds or tooling as it may be called. Otherwise, revenues from manufacturing were higher in Q1FY23. For more watch the video below:

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