Lux Industries reports strong Q2 growth, expands market presence
Lux Industries Limited announced significant growth in its Q2 and H1 FY26 results, with revenue from operations increasing by 15% year-on-year to ₹778.76 crores in Q2 and 14% to ₹1,383.09 crores in H1. The company introduced new brands "Lux Nitro," "Lux Parker," and "Lux Cozi Pynk," which have received promising market responses, complementing its existing portfolio. Volume growth for Q2 FY26 stood at 19%, reflecting increased consumer appetite for its mid-premium and premium offerings.
Strategic initiatives include increasing solar power capacity from 1MW to 1.7MW and a heightened focus on modern trade and e-commerce. The company also inaugurated a new state-of-the-art manufacturing facility in West Bengal Hosiery Park, Kolkata, spanning 4.50 lakh square feet, to support growing demand. This facility contributes to the company's 34 crore+ garment pieces annual manufacturing capacity across nine plants.
Leadership succession is evident with Mr. Saket Todi and Mr. Udit Todi recognized among India's Top 155 U35 Leaders by Avendus Wealth – Hurun India U35 List 2025. These leaders are instrumental in driving product portfolio diversification, expanding into new markets, and advancing digital adoption through initiatives like "Lyra Connect" and "Venus Connect" retailer apps.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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