Lux Industries Limited was incorporated in 1995 and has emerged as one of the largest players in the hosiery business having a market share of 14% of the organised industry. It is the largest mid-segment hosiery enterprise in India. The Company has more than 100 products across 16 brands to address the growing need of customers. Company’s products are available in ~4,50,000 retail points spread across India.
Financial Results:
Lux Industries Ltd reported Revenues for Q1FY24 of ₹521.00 Crores down from ₹569.00 Crore year on year, a fall of 8.44%.
Total Expenses for Q1FY24 of ₹504.00 Crores down from ₹504.00 Crores.
Consolidated Net Profit of ₹15.00 Crores down 70.0% from ₹50.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹5.55, down 67.10% from ₹16.87 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.
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