Landmark Group-owned retailer posts strong FY25 results with 42 per cent profit jump, driven by expansion and digital upgrades
Fashion retail chain Lifestyle International, owned by Dubai-based Landmark Group, operational revenue rising 4.9 per cent to Rs 11,766 crore and a net profit jumping 42.1 per cent to Rs 415 crore.
As per reports, the company had reported a profit of Rs 292 crore and operational revenue of Rs 11,215 crore in FY24. Total income, including other income sources, rose 5.7 per cent to Rs 12,031 crore, as per financial data accessed by business intelligence platform Tofler.
Lifestyle International’s total expenses for the fiscal year stood at Rs 11,488 crore, with key cost heads showing modest increases. Advertising and promotional expenses grew 3.5 per cent to Rs 533 crore, while rental expenses rose 8 per cent to Rs 343 crore, reflecting the company’s ongoing store network expansion and brand-building initiatives.
The retailer operates multi-format chains including Lifestyle department stores, Max Fashion, and Home Centre, covering a broad range of apparel and home furnishing categories.
The company said it opened 14 Lifestyle Department stores and closed 5, bringing the store count to 121 as of 31 March, 2025. Lifestyle International continues to pursue an expansion strategy across major metros and tier-II cities as part of its broader growth plan under the Landmark Group umbrella.
The group’s retail portfolio also includes international brands such as Bossini and Kappa, and its Max Fashion chain now operates over 200 stores in 80 cities, while Home Centre has more than 70 outlets across India.
Lifestyle International said the retail market outlook for the current fiscal remains positive, supported by growing consumer demand. “To meet the growing demand, the company continues to invest in new stores and renovate its existing stores,” the company stated, adding it would “invest substantially in technology upgradation to cater to the growing demand across geographies.”
The retailer has been strengthening its omnichannel presence through technology upgrades, including self-checkout systems, click-and-collect options, and enhanced e-commerce services. The company’s online sales have been expanding over 20 per cent annually and now account for around 20 per cent of total revenue.
The results come at a time when India’s organized retail and fashion segments are experiencing renewed momentum. Industry reports project up to 15 per cent revenue growth for fashion retailers in FY25, supported by store expansion and improving consumer sentiment.
