Key Quantitative Figures

Standalone Financial Results (Quarter ended June 30, 2026):

  • Total Income: ₹622.72 crore
  • Revenue from Operations: ₹615.25 crore (₹610.21 crore from sale of products + ₹5.04 crore other operating income)
  • Other Income: ₹7.47 crore
  • Total Expenses: ₹593.57 crore
  • Profit Before Tax: ₹29.15 crore
  • Tax Expense: ₹7.17 crore (Current Tax: ₹6.88 crore, Deferred Tax: ₹0.29 crore)
  • Net Profit: ₹21.98 crore
  • Basic & Diluted EPS: ₹7.31
  • Paid-up Equity Share Capital: ₹6.26 crore (Face value ₹2 per share)

Consolidated Financial Results (Quarter ended June 30, 2026):

  • Total Income: ₹616.50 crore
  • Revenue from Operations: ₹609.03 crore (₹603.99 crore from sale of products + ₹5.04 crore other operating income)
  • Other Income: ₹7.47 crore
  • Profit Before Tax: ₹30.27 crore
  • Net Profit: ₹23.10 crore (Attributable to shareholders: ₹22.13 crore, Non-controlling interest: ₹0.97 crore)
  • Basic & Diluted EPS: ₹7.36

Segment-wise Performance (Consolidated):

  • Vertical A Revenue: ₹290.77 crore, Profit: ₹14.95 crore
  • Vertical B Revenue: ₹249.22 crore, Profit: ₹12.50 crore
  • Vertical C Revenue: ₹69.04 crore, Profit: ₹3.84 crore

Dates of Action

  • Board meeting date: August 14, 2026 (commenced 2:10 PM, concluded 4:00 PM IST)
  • Re-appointment of independent directors effective: April 1, 2027 to March 31, 2032
  • Internal auditor appointment period: July 1, 2026 to June 30, 2027
  • Management designation effective: August 14, 2026

Parties Involved

Directors Re-appointed:

  • Mr. Sadhu Ram Bansal (DIN: 06471984) - Independent Director
  • Mrs. Shashi Sharma (DIN: 02904948) - Independent Director
  • Mr. Kumud Chandra Paricha Patnaik (DIN: 09696281) - Independent Director

Auditors:

  • Statutory Auditor: SK Agrawal and Co Chartered Accountants LLP
  • Internal Auditor for Vertical A: Ernst & Young LLP
  • Internal Auditor for Vertical B: Deloitte Touche Tohmatsu India LLP
  • Internal Auditor for Vertical C: Astral Business Consulting LLP (new appointment)

Management:

  • Mr. Anand Poddar designated as Senior Management Personnel of Vertical A
  • Mr. Ashok Kumar Todi, Chairman (DIN: 00053599)
  • Ms. Smita Mishra, Company Secretary & Compliance Officer

Purpose and Rationale

  • Re-appointment of independent directors based on Nomination & Remuneration Committee recommendations
  • Appointment of new internal auditor for Vertical C to enhance audit coverage
  • Designation of senior management personnel based on role and responsibilities

Financial and Operational Impact

  • The financial results show decreased profitability compared to same quarter previous year (Net profit down from ₹23.92 crore to ₹21.98 crore standalone)
  • No exceptional items reported in current quarter
  • The company continues with its proposed demerger plan approved on April 23, 2026, but no financial impact reflected yet

Capital Structure Impact

No immediate impact on capital structure. The paid-up equity share capital remains unchanged at ₹6.26 crore.

Forward-looking Information

The board has given in-principle approval for a demerger scheme where Vertical A and Vertical C businesses will be demerged into two separate wholly-owned subsidiaries (Lux and Cozi Limited and Lux Global Limited), while Vertical B continues in the parent company. This is pending regulatory approvals.

Additional Notes

  • The figures for quarter ended March 31, 2026 are derived as difference between audited annual figures and published quarterly figures
  • Prior period figures have been rearranged/regrouped where necessary
  • The company has three business verticals: Vertical A (Lux Cozi, ONN, Lux Cotts' wool brands), Vertical B (Lux Nitro, Lux Venus, Lyra brands), and Vertical C (GenX, Lux Classic, Lux Karishma brands)