Lux Industries Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- Lux Industries Ltd reported a 19.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 23.7%.
- Its expenses for the quarter were down by 17.5% QoQ and up 21.4% YoY.
- The net profit decreased 38.9% QoQ and increased 61.7% YoY.
- The earnings per share (EPS) of Lux Industries Ltd stood at 10.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 556.87 | 691.34 | 450.11 | -19.5% | 23.7% |
Total Expenses | 514.30 | 623.71 | 423.63 | -17.5% | 21.4% |
Profit Before Tax | 42.57 | 67.63 | 26.48 | -37.1% | 60.8% |
Tax | 11.06 | 16.03 | 6.99 | -31.0% | 58.2% |
Profit After Tax | 31.51 | 51.60 | 19.49 | -38.9% | 61.7% |
Earnings Per Share | 10.70 | 17.00 | 6.70 | -37.1% | 59.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Lux Industries Ltd is a prominent player in the textile industry, primarily known for its manufacturing and distribution of hosiery products. The company offers a wide range of innerwear products, including vests, briefs, trunks, and thermal wear under various brand names such as Lux Cozi, Lux Venus, and Lux Cott's Wool. Lux Industries has established a strong presence in the Indian market and is recognized for its extensive distribution network and brand visibility. As of the latest updates, there are no significant recent developments available in the public domain that could impact its financial or operational standing during this reporting period.
Revenue
During the third quarter of fiscal year 2025 (Q3FY25), Lux Industries Ltd reported a total income of ₹556.87 crores. This represents a decrease of 19.5% compared to the previous quarter (Q2FY25), where the total income was ₹691.34 crores. However, on a year-over-year basis, there is a notable increase of 23.7% from Q3FY24, when the total income stood at ₹450.11 crores. This indicates a strong annual growth in revenue despite the quarterly decline. The fluctuation in revenue can be attributed to various seasonal and market factors that affect the company's sales and distribution cycles.
Profitability
In terms of profitability, Lux Industries recorded a profit before tax (PBT) of ₹42.57 crores in Q3FY25. This marks a decrease of 37.1% quarter-over-quarter from Q2FY25, where PBT was ₹67.63 crores. The PBT showed a significant increase of 60.8% year-over-year compared to Q3FY24, which was ₹26.48 crores. After accounting for taxes, the profit after tax (PAT) for Q3FY25 came to ₹31.51 crores, down by 38.9% from the previous quarter's PAT of ₹51.60 crores. Nonetheless, this represents a 61.7% increase from Q3FY24's PAT of ₹19.49 crores. The earnings per share (EPS) for this quarter was ₹10.70, reflecting a similar trend with a 37.1% decrease QoQ and a 59.7% increase YoY.
Operating Metrics
Operating expenses for Lux Industries in Q3FY25 were reported at ₹514.30 crores, showing a 17.5% decline from the expenses of ₹623.71 crores in Q2FY25. Year-over-year, there was a 21.4% increase in expenses from Q3FY24, where expenses were ₹423.63 crores. This indicates a significant control over operational costs on a quarterly basis while handling increased operational activities annually. The tax expense for Q3FY25 was ₹11.06 crores, a reduction of 31.0% from Q2FY25's tax of ₹16.03 crores, and an increase of 58.2% from Q3FY24's tax of ₹6.99 crores. These metrics provide insight into the company's operational efficiency and fiscal management over the given periods.
