Lux Industries' Q2 FY 2025-26 Quarterly Results

Result Summary

• Lux Industries Ltd reported a 27.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 13.4%.
• Its expenses for the quarter were up by 29.1% QoQ and 20.7% YoY.
• The net profit decreased 0.8% QoQ and decreased 55.3% YoY.
• The earnings per share (EPS) of Lux Industries Ltd stood at 7.8 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Lux Industries Ltd is a prominent player in the textile and apparel industry, primarily known for its manufacturing and distribution of hosiery products in India. The company offers a wide range of products, including vests, briefs, boxers, and T-shirts, catering to a broad demographic. Lux Industries has established its presence through various brands under its portfolio and has a significant market share in the innerwear segment. As of the latest updates available, Lux Industries has been focusing on expanding its brand reach and enhancing its product offerings to meet evolving consumer needs. However, specific recent major developments are not available from the current data set.

Revenue

The company's total income for Q2FY26 stood at ₹784.00 crores, compared to ₹613.39 crores in Q1FY26 and ₹691.34 crores in Q2FY25. This reflects a quarter-over-quarter (QoQ) increase of 27.8% and a year-over-year (YoY) increase of 13.4%. The significant QoQ growth indicates a substantial uplift in revenue generation within the quarter, while the YoY increase demonstrates a positive trend over the annual period. The revenue growth dynamics could be reflective of the company's strategic efforts in sales and marketing or product innovation, although precise reasons are not drawn from the given data.

Profitability

For Q2FY26, Lux Industries reported a profit before tax of ₹31.47 crores, a slight increase from ₹30.48 crores in Q1FY26 but a decrease from ₹67.63 crores in Q2FY25. The profit before tax saw a QoQ rise of 3.2% and a YoY decline of 53.5%. The tax expense for Q2FY26 was ₹8.41 crores, up by 16.3% QoQ from ₹7.23 crores in Q1FY26, yet down by 47.5% YoY from ₹16.03 crores in Q2FY25. Consequently, the profit after tax for Q2FY26 amounted to ₹23.06 crores, slightly lower than the previous quarter's ₹23.25 crores and significantly lower than the ₹51.60 crores recorded in the same quarter the previous year. The earnings per share (EPS) for Q2FY26 was ₹7.80, compared to ₹7.84 in Q1FY26 and ₹17.02 in Q2FY25. The EPS decreased by 0.5% QoQ and 54.2% YoY, indicating a notable decline in profitability metrics over the year.

Operating Metrics

Total expenses for Lux Industries in Q2FY26 were ₹752.53 crores, reflecting a 29.1% increase from ₹582.91 crores in Q1FY26 and a 20.7% increase from ₹623.71 crores in Q2FY25. The escalation in total expenses both QoQ and YoY suggests a rise in operational costs, which could include factors like raw material prices, labor costs, or other operational expenses. The increase in expenses has potentially impacted the net profitability margins, as evidenced by the lower profit after tax and EPS figures. Detailed information about the company's financial ratios such as P/E ratio, debt-to-equity ratio, or current ratio is not included in the provided data, and therefore specific analysis on these metrics cannot be conducted based solely on the given financial data.