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Lux Industries Q3 results: Net profit rises 59% YoY to ₹32 crore, income jumps 23%
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2 min read | Updated on February 13, 2025, 17:57 IST
SUMMARY
Lux Industries reported a 58.63% YoY rise in Q3 FY25 net profit to ₹32.06 crore, driven by increased income and reduced expenses. Total income rose 22.48% YoY to ₹556.87 crore, while expenses fell by 20.12%. The stock closed 1.35% lower.
Stock list
Shares of Lux Industries closed in the red at ₹1,459 apiece, down 1.35% on the National Stock Exchange (NSE) after the company declared its third quarter FY25 results. | Image: Shutterstock.
The net profit rose on the back of increased income and fallen expenses.
Its total income stood at ₹556.87 crore in Q3 of FY 2024-25, jumping 22.48% YoY from ₹454.65 crore in the third quarter of the 2023-24 financial year (Q3 FY24).
The company’s revenue from the sale of products and services increased 22.2% year-on-year to ₹549.34 crore in the period under review in contrast to ₹449.55 crore the company in Q3 FY24.
Lux Industries’ total expenses were at ₹514.30 crore in Q3 FY25, dropping 20.12% YoY from ₹428.17 crore in the third quarter of FY24. Its material cost fell by 33.98% YoY to ₹277.28 crore from ₹169.64 crore.
Stock reaction
Shares of Lux Industries closed in the red at ₹1,459 apiece, down 1.35% on the National Stock Exchange (NSE) after the company declared its third quarter FY25 results.
The scrip lost 6.75% over the last week and 5.7% in the past month. The stock fell 26.52% over the past three months and 26.52% in the last six months.
Lux Industries has a total market capitalisation of ₹4,387.46 crore as of February 13, 2025, on the NSE.
About the company
Lux Industries is an Indian knitwear manufacturing and sales company that caters to domestic and international markets. It specialises in producing, marketing and distributing products under various brands, including Lux Cozi, Lux Venus, Lyra, GenX and Lux Classic, among others.
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