Lux Industries has reported a decline in profit for the financial year ended 31st March 2026, even as the company recorded growth in revenue and total income.
According to the company’s audited financial results, consolidated net profit for FY ’26 stood at Rs. 106.07 crore (US $11.12 million), compared with Rs. 164.54 crore (US $17.25 million) in the previous financial year. On a standalone basis, net profit was reported at Rs. 101.45 crore (US $ million).
The company’s standalone revenue from operations rose to Rs. 2,923.55 crore (US $306 million) in FY ’26 from Rs. 2,565.69 crore (US $269 million) in FY ’25, while total income increased to Rs. 2,961.76 crore (US $310 million) from Rs. 2,608.29 crore (US $273 million) during the same period.
For the quarter ended 31st March 2026, Lux Industries reported consolidated net profit of Rs. 47.26 crore (US $4.95 million), marginally lower than Rs. 48 crore (US $5.03 million) recorded in the corresponding quarter of the previous year.
Consolidated revenue for the quarter increased to Rs. 873.01 crore (US $91.57 million) from Rs. 817.69 crore (US $85.77 million) year-on-year. However, quarterly consolidated EBITDA stood at Rs. 64.40 crore (US $6.75 million), while EBITDA margin declined to 7.38% from 9.42% in the year-ago period, indicating pressure on operating profitability.
Separately, the company announced the incorporation of a wholly owned subsidiary, Lux and Cozi Limited, in West Bengal. The company stated that the primary objective behind the incorporation was to facilitate the proposed demerger of the existing businesses under Vertical A of Lux Industries. Lux and Cozi Limited will undertake the manufacturing and trading of garments, including hosiery products.
