Brands
Lux Industries Q3 profit slips to Rs 13.3 crore amid labour code costs
Board also names Prathistha Dobhal as senior management personnel
KOLKATA: Lux Industries Limited said its December-quarter earnings were weighed down by regulatory costs, even as revenues held up across key brands, management told analysts during the earnings call.
The company’s board, which met on February 14, approved unaudited standalone and consolidated results for the quarter and nine months ended December 31, 2025. Standalone total income for the third quarter stood at Rs 679.02 crore, down from Rs 784.08 crore in the preceding quarter. Profit before tax came in at Rs 19.72 crore, while net profit was Rs 13.32 crore, translating into a basic earnings per share of Rs 4.43.
Management attributed the softer quarterly performance to exceptional items worth Rs 6.11 crore. These included an incremental Rs 2.76 crore impact linked to past service costs following the notification of India’s four labour codes, alongside an exceptional income of Rs 3.35 crore from the settlement of entry tax disputes under West Bengal’s Settlement of Dispute Act, 2025.
For the nine months ended December, consolidated total income reached Rs 2,076.52 crore, with profit before tax of Rs 80.86 crore and net profit of Rs 58.82 crore. Total comprehensive income attributable to shareholders stood at Rs 117.22 crore, reflecting steadier performance over the longer period despite quarterly volatility.
Segmentally, the innerwear major’s flagship portfolio: Lux Cozi, Onn and Lux Cotts’ wool, remained the largest contributor, clocking quarterly revenue of Rs 322.67 crore. Brands such as Lux Nitro and Lyra lifted nine-month revenues in the second vertical to Rs 879 crore, while the mass-market GenX and Lux Classic labels posted quarterly revenue of Rs 55.25 crore.
The company noted that certain assets and liabilities remain unallocated across verticals pending an internal review, a factor that continues to blur segment-level profitability.
Separately, the board designated Prathistha Dobhal, currently manager–legal for vertical A, as a senior management personnel with effect from 14 February, 2026, following a recommendation by the nomination and remuneration committee.
Brands
Rohini Laya Venkateswaran named executive director at Gillette India
P&G veteran with two decades of experience steps into leadership role
NEW DELHI: Rohini Laya Venkateswaran has been appointed executive director at Gillette India Pvt. Ltd., bringing with her more than two decades of experience across sales, strategy and brand leadership within the consumer goods sector. In her new role, she will help steer the company’s strategic direction and growth while strengthening its footprint in the grooming and personal care category.
Venkateswaran joins the board after a long career at Procter & Gamble, where she spent nearly 21 years shaping sales strategy, building brands and driving market expansion across India and international markets.
Most recently, she served as chief sales officer for India at P&G. Prior to that, she was vice president and country manager for east gulf markets, overseeing operations in Kuwait, Oman, Bahrain and Qatar while also guiding sales strategy across the Gulf region, including the UAE.
Earlier in her career, she led sales strategy and planning for India while serving as marketing leader for brands such as Olay and Old Spice. During this stint, she focused on reshaping go-to-market channels and building awareness through digital, social and influencer-led campaigns to drive growth.
Her journey at P&G also included roles such as director sales strategy and planning leader India, associate director modern retail and ecommerce, regional manager for Delhi and Rajasthan, and several key account and trade marketing roles across the country. She also spent time in the United States working on the P&G Walmart international team, collaborating on global retail initiatives.
Venkateswaran holds an MBA in marketing from SP Jain Institute of Management and Research and a bachelor’s degree in mechanical engineering from RV College of Engineering.
With her mix of sales acumen, brand-building experience and global exposure, Venkateswaran’s appointment signals a sharpened focus on growth and market leadership for Gillette India.
