Lux Industries Limited (NSE: LUXIND) is a well-known innerwear manufacturer in India. The company was incorporated in 1995 and is headquartered in Kolkata, West Bengal. Lux Industries has a wide range of products including vests, briefs, trunks, panties, bras, and other lingerie items. The company has a strong distribution network, with over 3,000 dealers and sub-dealers, 15,000 retailers, and 10,000 multi-brand outlets across the country. Lux Industries has two manufacturing plants in West Bengal and one in Rajasthan.
In terms of earnings, Revenue from Operations for Q3 FY23 was ₹459.05 crore, a 31% decrease from ₹664.32 crore in the same period last year. The third quarter’s other income, which contributed ₹3.46 Crore to the Total Revenue. Meanwhile, the Profit Before Tax declined to ₹23.96 Crore from ₹136.77 Crore from the same quarter previous year. The Consolidated Net Profit was ₹16.56 crore, significantly down from ₹101.2 crore in the same quarter last year. This quarter’s earnings per share was ₹6.01.