Stanley Lifestyles approves Q2 financials, strategic acquisitions

Stanley Lifestyles Limited's board of directors approved its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. Standalone profit for the period was Rs. 51 million, with total income reaching Rs. 1,142 million for the six months. Consolidated profit for the period was Rs. 138 million, with total consolidated income at Rs. 2,238 million for the same six-month period.

The board also granted in-principle approval for a Slump Sale Agreement with wholly-owned subsidiaries of Stanley Retail Limited, including Sana Lifestyles Limited, Shrasta Décor Private Limited, and Staras Seating Private Limited. Additionally, the acquisition of the perfume business of Stanley Estates & Leisure for Rs. 2.88 million was approved, aimed at expanding the company's lifestyle product portfolio.

These results and strategic moves align with the company's post-IPO growth, following its listing on June 28, 2024, at an issue price of Rs. 369 per equity share. The utilization of net IPO proceeds currently stands at Rs. 1,030.75 million, with Rs. 808.62 million un-utilized as of September 30, 2025.