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Lifestyle International reports net profit of Rs 700 crore for FY23

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Dubai-based conglomerate Landmark Group-owned retail store chain Lifestyle International Ltd has reported a net profit of Rs 700 crore ($84.7 million) for financial year 2023, as against Rs 269 crore in the previous fiscal.

Lifestyle International reports net profit of Rs 700 crore for FY23 – Lifestyle

The company’s revenue from operations rose by 50 percent to Rs 11,672 crore, as against Rs 7,806 crore in the previous financial year.

Lifestyle international’s total expenses for the financial year increased by 41 percent to Rs 10,877 crore.

Lifestyle International operates retail stores under the brand names – Lifestyle Stores (large format departmental stores), Home Centre (home improvement stores) and Max (value fashion chain) along with international fashion apparel brands Bossini and Kappa.

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