Lexus Granito (India) reports strong Q2 & H1 FY26 results!

Revenue surged to Rs 22.10 Cr in Q2, up 27.21% YoY.

For H1, revenue grew 14.17% to Rs 40.14 Cr.

Profitability saw a major turnaround: Q2 net profit hit Rs 0.37 Cr (vs Rs 1.87 Cr loss YoY), with H1 net profit at Rs 0.64 Cr (vs Rs 5.55 Cr loss YoY). EPS for Q2 stands at Rs 0.17 (vs Rs -0.93 YoY). Growth was propelled by robust sales, while profitability was significantly boosted by efficient cost management, including a sharp drop in material costs and reduced other expenses.

Finance costs also saw a reduction.

These results reflect strong financial momentum, showcasing a commendable operational improvement.