New Delhi, Aug 22 (PTI) Retail store chain Lifestyle International Ltd, part of Dubai-based retail and hospitality conglomerate Landmark Group, has reported a jump in its net profit to Rs 700 crore for FY23, according to data accessed by business intelligence platform Tofler.
Besides, revenue from operations of Lifestyle International also rose 49.5 per cent to Rs 11,672 crore for the financial year that ended on March 31, 2023.
The company 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.
Its net profit for the financial year 2021-22 was Rs 269 crore and revenue from the operations stood at Rs 7,806 crore.
The total revenue of Lifestyle International for FY 2022-23 was Rs 11,810 crore.
Its total expenses were at Rs 10,877 crore, up 40.73 per cent for the financial year ended on March 31, 2023.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)













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