Lloyds Luxuries Limited — Important, 07-07-2025: Updates

Lloyds Luxuries has announced a board meeting to consider the financial results for the quarter and half-year. The company reported a 14.84% revenue growth to ₹46.30 Cr driven by new store launches, premium service introductions like Beard Spa, and product innovations boosting customer spend and footfall. Net loss narrowed to ₹6.66 Cr due to better cost control despite ongoing investments in infrastructure, marketing, and AI-based personalized grooming tech. The company expanded its footprint to 34 barbershops with a flagship at Mumbai’s Kemps Corner and continues growing its women’s wellness segment with Mary Cohr salons. E-commerce is also a growing channel. Managing Director Prannay Dokkania’s remuneration was increased to Rs. 1.45 Cr p.a. including incentives and ESOPs, reflecting his key role in operational growth.