Lifestyle International, the company behind India’s eponymous department store chain, posted a modest 6% growth in sales for the year ending March 2025, reaching Rs 12,031 crore (US $ 1.35 billion). Financial filings from Tofler reveal that net profit jumped 42% to Rs 415 crore (US $ 46.85 million), while total expenses stood at Rs 11,489 crore (US $ 1.29 billion) for the fiscal.
Part of the Dubai-based Landmark Group, Lifestyle International operates its flagship department stores, the value-format Max, and the home furnishing brand Home Centre. The company launched its first store in India in 1999, and industry observers note that the smaller Max format has allowed it to test tier II and III cities before introducing larger flagship outlets.
Retail analysts highlight that India’s retail landscape has grown increasingly competitive. Alongside established domestic chains such as Central, Shoppers Stop, and Westside, global apparel brands including H&M, Gap, and Uniqlo are entering the market, seeking to capitalise on young consumers’ growing appetite for western-style clothing.
Despite relatively modest sales growth, Lifestyle International’s strong profit performance underscores the firm’s ability to navigate a crowded market while expanding its footprint strategically.
