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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 Industries will hold a meeting of the Board of Directors of the Company on 14 August 2026.

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 News