Lux Industries Ltd

Lux Industries Ltd share price declined by 0.55% to Rs 1207.75 after the company's net profit witnessed a sharp fall of 51.12% to Rs 23.1 crore, while revenue from operations dropped sharply 30.50% to Rs 603.99 crore in Q2FY26 over Q1FY26. The market capitalization of Garments & Apparels industry group stocks on BSE stood at Rs 90029.82 crore, slipping 6.15%. It has eased by 4.31% over last one week and moving up by 8.77% in last one month while the market capitalization of Lux Industries Ltd has softened by 4.73% and 11.62% in the same period respectively. Profit before tax (PBT) of Lux Industries Ltd stood at Rs 30.27 crore in Q2 FY26, declining 0.69% year-on-year, and crashing by 46.58% quarter-on-quarter. EBITDA came in at Rs 35 crore, jumping 34.54% YoY and nosediving by 33.30% sequentially. Total expenses saw a steep drop of 29.64% to Rs 574.65 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 304.94 crore, softening by 9.97% YoY, while employee benefits expense was at Rs 48.93 crore, ticking higher by 4.80% YoY. For the TTM ended FY26, revenue from operations advanced 11.06% to Rs 2570.25 crore, while net profit surged by 31% to Rs 164.54 crore, compared to previous TTM. EBITDA soared by 17373% to Rs 205.91 crore, and PBT surged 28.12% to Rs 220.66 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 80.52 crore in FY26, as against Rs 239.6 crore in FY25. Lux Industries Ltd declined 5.27% in last one year, significantly underperforming the benchmark BSE Sensex which has eased by 3.05% during the same period.

Lux Cozi Group (Vertical 'A' of Lux Industries) marked a landmark milestone in its growth journey on 11 July 2026 with the foundation stone laying of its new state-of-the-art manufacturing facility at Dankuni, West Bengal. With a planned investment of approximately Rs 600 crore, the project represents one of the largest manufacturing investments in the company's history and is set to establish one of Asia's largest garment manufacturing hubs. The company will expand its existing 8 lakh sq. ft. Dankuni facility by another 12 lakh sq. ft., creating a massive 20 lakh sq. ft. manufacturing campus. Once fully operational, this highly automated facility will set new benchmarks in production efficiency and scale, cementing the Lux Cozi Group's position as one of the leading Indian apparel manufacturer across the world. The expansion adds an annual capacity of an additional 20 crore pieces to the existing facility's 12 crore pieces, boosting the Lux Cozi Group's total nationwide capacity from nearly 20 crore to approximately 36 crore pieces annually. Once fully operational, this highly automated facility will set new benchmarks in production efficiency and scale, enabling the company to meet rising domestic and global demand. Beyond manufacturing, the project is expected to generate approximately 3,000 direct and 6,000 indirect employment opportunities, creating significant socio-economic impact and reinforcing West Bengal's position as a preferred manufacturing destination.

Lux Industries announced that the Board of Directors of the Company at its meeting held on 21 May 2026, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

Net profit of Lux Industries declined 8.75% to Rs 43.88 crore in the quarter ended March 2026 as against Rs 48.09 crore during the previous quarter ended March 2025. Sales rose 6.77% to Rs 869.07 crore in the quarter ended March 2026 as against Rs 813.98 crore during the previous quarter ended March 2025. For the full year,net profit declined 37.21% to Rs 103.80 crore in the year ended March 2026 as against Rs 165.31 crore during the previous year ended March 2025. Sales rose 13.42% to Rs 2915.18 crore in the year ended March 2026 as against Rs 2570.25 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales869.07813.98 7 2915.182570.25 13 OPM %7.399.41 -6.159.17 - PBDT64.5372.06 -10 173.64244.72 -29 PBT56.6665.54 -14 143.62220.66 -35 NP43.8848.09 -9 103.80165.31 -37 Powered by Capital Market - Live

Lux Industries will hold a meeting of the Board of Directors of the Company on 21 May 2026.

Members of the Todi family promoter group entered into a Family Settlement Agreement on 22 April 2026 to realign ownership, management and business interests. The company clarified it is not a party to the agreement, though the changes will shape its future structure. The agreement involves three promoter branches - Ashok Kumar Todi (AKT), Pradip Kumar Todi (PKT) and Navin Kumar Todi (KKT) families. The board has granted in-principle approval for a demerger of the business into three verticals. Under the proposed structure, Vertical A and Vertical C will be spun off into two separate listed entities, while Vertical B will remain with Lux Industries. Vertical A, aligned with the AKT family, will house brands such as Lux Cozi, Lux Parker, ONN and Lux Cottswool, with manufacturing units in Dankuni (West Bengal), Sankrail (West Bengal), Tajpur Road (Punjab) and Tiruppur (Tamil Nadu). Vertical B, which will continue within the company under the PKT family, includes brands like Lux Venus, Lux Nitro, Lux Inferno and Lyra, supported by facilities in West Bengal, Ludhiana (Punjab), Tronica City (Uttar Pradesh) and Avinashi (Tamil Nadu). Vertical C, aligned with the KKT family, will be demerged into another listed entity and will include brands such as Lux Classic, GenX, Lux Karishma, Lux Amore and Lux Champion, with manufacturing concentrated in Tiruppur (Tamil Nadu). To facilitate the restructuring, the board has also approved the incorporation of two wholly owned subsidiaries in West Bengal, each with Rs 5 lakh paid-up capital (2.5 lakh shares of Rs 2 face value). The board also approved revised brand licensing deals with Biswanath Hosiery Mills (for Lux brands) and others for non-Lux marks like ONN and Lyra, ensuring business continuity. The proposed demerger is subject to approvals from shareholders, regulators and other stakeholders. Lux Industries is engaged in the manufacturing and sale of knitted apparel, including hosiery products. On a consolidated basis, Lux Industries' net profit declined 59.73% to Rs 12.91 crore while net sales rose 21.96% to Rs 669.98 crore in Q3 December 2025 over Q3 December 2024.

Net profit of Lux Industries declined 59.73% to Rs 12.91 crore in the quarter ended December 2025 as against Rs 32.06 crore during the previous quarter ended December 2024. Sales rose 21.96% to Rs 669.98 crore in the quarter ended December 2025 as against Rs 549.34 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales669.98549.34 22 OPM %5.369.07 - PBDT32.6348.82 -33 PBT25.0242.57 -41 NP12.9132.06 -60 Powered by Capital Market - Live

Lux Industries will hold a meeting of the Board of Directors of the Company on 14 February 2026.Powered by Capital Market - Live

Net profit of Lux Industries declined 54.18% to Rs 23.45 crore in the quarter ended September 2025 as against Rs 51.18 crore during the previous quarter ended September 2024. Sales rose 15.04% to Rs 775.14 crore in the quarter ended September 2025 as against Rs 673.80 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales775.14673.80 15 OPM %5.669.59 - PBDT38.8773.33 -47 PBT31.4767.63 -53 NP23.4551.18 -54 Powered by Capital Market - Live

Lux Industries will hold a meeting of the Board of Directors of the Company on 8 November 2025.Powered by Capital Market - Live