Lux Industries (LUXIND) Q2 24/25 earnings summary

Executive summary

• Revenue for HYE'25 grew 4.1% year-over-year to ₹1,213 crore, with EBITDA margin up 286 bps to 10.8% and PBT margin up 316 bps to 9.1%.

• Power brands Lux Cozi and Lux Venus saw volume growth of ~11% and ~3% respectively HYE YOY.

• Strategic focus on omni-channel expansion, digitalization, and new product launches, including rainwear and women's lingerie.

• Board approved unaudited standalone and consolidated financial results for Q2 and H1 FY25, reviewed by the Audit Committee and statutory auditors.

• Appointment of Mr. Kaushal Pasari as General Manager - Finance and resignation of Mr. Amit Kumar Goel, Assistant Vice President (Finance), both effective November 2024.

Financial highlights

• Q2 FY'25 revenue rose 5.4% year-over-year to ₹677 crore; EBITDA margin increased to 11.4% from 7.5%.

• HYE'25 PAT grew to ₹92.56 crore (up from ₹51.02 crore HYE'24), with margin at 7.9%.

• Standalone Q2 FY25 revenue from operations: ₹667.31 crore, up from ₹638.86 crore in Q2 FY24; H1 FY25 revenue: ₹1,200.45 crore.

• Consolidated Q2 FY25 revenue from operations: ₹673.80 crore, up from ₹640.09 crore in Q2 FY24; H1 FY25 revenue: ₹1,206.93 crore.

• Earnings per share (consolidated, basic and diluted): ₹17.02 for Q2 FY25, up from ₹12.33 in Q2 FY24.

Outlook and guidance

• Discretionary spending expected to rise with the upcoming wedding season.

• Focus on expanding omni-channel presence, digital platforms, and premiumization.

• Targeting 60-country export presence by 2025 (currently 46+ countries).