Categories AlphaGraphs, Consumer, Earnings

Lux Industries Ltd Q4FY24; 83% rise in Profits

Lux Industries Limited was incorporated in 1995 having a market share of 15% of the organised industry. It is the largest mid-segment hosiery enterprise in India. Company is engaged in the manufacturing and marketing of innerwear, thermals, and casuals under various brands, with ‘LUX’ being its flagship brand.

Financial Results:

Lux Industries Ltd reported Revenues for Q4FY24 of ₹708.00 Crores down from ₹717.00 Crore year on year, a fall of 1.26%.

Total Expenses for Q4FY24 of ₹640.00 Crores down from ₹686.00 Crores year on year, a fall of 6.71%.

Consolidated Net Profit of ₹55.00 Crores up 83.33% from ₹30.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹18.47, up 77.94% from ₹10.38 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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