Lux Industries Q3 Results: Lux Industries on Thursday, February 13 reported a 58.63% year-on-year rise in its consolidated net profit for the October-December quarter of the 2024-25 financial year (Q3 FY25) to ₹32.06 crore. The company’s net profit stood at ₹20.21 crore in the same period last year.
The increase in net profit was due to increase in income and reduction in expenses.
Its total income stood at ₹556.87 crore in the third quarter of the financial year 2024-25, a growth of 22.48% from ₹454.65 crore in the third quarter of the 2023-24 financial year (Q3 FY24).
The company’s revenue from sale of products and services grew 22.2% to ₹549.34 crore during the period under review, as against ₹449.55 crore in Q3 FY2024. Lux Industries’ total expenses in Q3 FY2025 stood at ₹514.30 crore, down 20.12% from ₹428.17 crore in Q3 FY2024. Its material costs declined 33.98% to ₹277.28 crore from ₹169.64 crore.
Stock Reaction
Lux Industries shares closed 1.35% lower at ₹1,459 on the National Stock Exchange (NSE) after the company announced its Q3 FY2025 results. The stock fell 6.75% in the past week and 5.7% in the past month. The stock declined 26.52% in the last three months and 26.52% in the last six months.
The total market capitalization of Lux Industries as on February 13, 2025 on NSE is ₹4,387.46 crore.
About the Company
Lux Industries is an Indian knitwear manufacturing and sales company that caters to domestic and international markets. It specializes in the production, marketing and distribution of products under various brands including Lux Cozy, Lux Venus, Lyra, GenX and Lux Classic.
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