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( As on 14/11/2025 14:44)

Lexus Granito(India) posts Q2 net profit of Rs 0.37 cr

The company reported standalone net profit during the quarter stood at Rs 0.37 crore compared to net loss of Rs 1.87 crore in the previous year quarter.

Net revenue of the company rose substantially by 27.23 per cent at Rs 22.10 crore in July-September quarter of this fiscal as against Rs 17.37 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 17.63 per cent to Rs 19.48 crore from Rs 16.56 crore in year ago period.

Other Income grew by 25.00 per cent at Rs 0.20 crore versus (Sep'24 Rs 0.16 crore).

Operating Profit surged by 219.51 per cent to Rs 2.62 crore as against Rs 0.82 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 152.34 per cent in September quarter.

Interest declined by 8.42 per cent y-o-y to Rs 0.87 crore, while Taxation decreased by 36.36 per cent at Rs -0.07 crore (Sep'24 Rs -0.11 crore).