Stanley Lifestyles Limited — Updates, 13-11-2024: Press Release

Stanley Lifestyles Limited reported its financial results for Q2 and H1 FY 2025. Q2 revenue from operations stood at ₹1,030 million, reflecting a year-over-year decline of 6.4%. EBITDA for the quarter was ₹185 million, with a margin of 18.0%, down from 19.2% in Q2 FY24. The company posted a profit after tax (PAT) of ₹57 million, yielding a margin of 5.5%.

For H1 FY25, total revenue was ₹2,037 million, a slight decrease of 1.1% compared to H1 FY24, driven by lower store footfall and changes in business operations. Management cited challenges from adverse weather conditions and ongoing delays in property handovers affecting furniture purchases.

Despite these challenges, the company opened three new stores, increasing its total to 64. Looking ahead, the luxury residential market in India shows promising growth, with management expressing optimism about future performance as new stores mature. Stanley Lifestyles aims to capitalize on expanding demand in the high-end furniture segment.