Image Source: Moneycontrol
Lux Industries Ltd, one of India’s leading innerwear and hosiery manufacturers, delivered a mixed bag of results for the March 2025 quarter, combining robust sales growth with a dip in profitability and a shareholder-friendly dividend move.
Key Highlights:
Strong Revenue Growth: Lux Industries reported a 15.6% year-on-year jump in consolidated sales, reaching ₹8.14 billion for Q4 FY25, compared to ₹7.04 billion in the same period last year. This performance reflects continued demand for its flagship brands such as Lux Cozi, ONN, GenX, and Lyra.
Profit Under Pressure: Despite the sales momentum, net profit declined by 13.5% year-on-year to ₹480.9 million, down from ₹555 million a year ago. The company attributed the profit drop to increased input costs and narrowing operating margins, which slipped to 8.9% from 10.2% last year.
Dividend Boost: The Board of Directors recommended a final dividend of ₹2 per equity share (100% of face value), subject to shareholder approval at the upcoming AGM. Notably, promoters and the promoter group have voluntarily waived their right to receive this dividend, maximizing returns for public shareholders.
Market Reaction: Lux Industries shares edged up by 1% post-announcement, closing at ₹1,583 on the BSE, signaling investor optimism about the company’s growth trajectory and dividend policy.
Industry Standing: Established in 1995 and headquartered in Kolkata, Lux Industries maintains a strong distribution network across India and exports to over 45 countries, competing with major players like Rupa & Co., Page Industries, and Dollar Industries.
Sources: CNBC TV18, INDmoney, BlinkX
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