{"id":153746,"date":"2023-08-14T10:51:36","date_gmt":"2023-08-14T14:51:36","guid":{"rendered":"https:\/\/44.250.171.167\/?p=153746"},"modified":"2023-08-14T10:51:38","modified_gmt":"2023-08-14T14:51:38","slug":"lux-industries-ltd-q1fy24-70-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/lux-industries-ltd-q1fy24-70-fall-in-profits\/","title":{"rendered":"Lux Industries Ltd Q1FY24; 70% fall in Profits"},"content":{"rendered":"\n

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\u2019s products are available in ~4,50,000 retail points spread across India.<\/p>\n\n\n\n

Financial Results:<\/h2>\n\n\n\n

Lux Industries Ltd reported Revenues for Q1FY24 of \u20b9521.00 Crores down from \u20b9569.00 Crore year on year, a fall of 8.44%.<\/p>\n\n\n\n

Total Expenses for Q1FY24 of \u20b9504.00 Crores down from \u20b9504.00 Crores.<\/p>\n\n\n\n

Consolidated Net Profit of \u20b915.00 Crores down 70.0% from \u20b950.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n

The Earnings per Share is \u20b95.55, down 67.10% from \u20b916.87 in the same quarter of the previous year.<\/p>\n\n\n\n

\"\"<\/a><\/figure><\/div>\n\n\n\n

*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.<\/p>\n\n\n\n

*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":1885,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,12],"tags":[12162],"class_list":["post-153746","post","type-post","status-publish","format-standard","hentry","category-infographics","category-other-industries","tag-hosiery"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":159014,"url":"https:\/\/alphastreet.com\/india\/lux-industries-ltd-q3fy24-12-rise-in-profits\/","url_meta":{"origin":153746,"position":0},"title":"Lux Industries Ltd Q3FY24; 12% rise in Profits","author":"Chirag Gupta","date":"February 21, 2024","format":false,"excerpt":"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\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-167.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-167.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-167.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-167.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-167.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-167.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":148034,"url":"https:\/\/alphastreet.com\/india\/lux-industries-q4fy23-earnings-story\/","url_meta":{"origin":153746,"position":1},"title":"Lux Industries Q4FY23 Earnings Story","author":"Karan_Singh","date":"June 1, 2023","format":false,"excerpt":"Lux Industries Limited was established in 1995 and has since grown to become one of the industry's major players, with a market share of 14% of the organised sector. It is India's largest mid-segment hosiery company. In order to meet the expanding needs of clients, the company offers more than\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-158636434.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-158636434.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-158636434.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-158636434.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":162042,"url":"https:\/\/alphastreet.com\/india\/lux-industries-ltd-q4fy24-83-rise-in-profits\/","url_meta":{"origin":153746,"position":2},"title":"Lux Industries Ltd Q4FY24; 83% rise in Profits","author":"Chirag Gupta","date":"June 7, 2024","format":false,"excerpt":"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 \u2018LUX\u2019 being its flagship brand. Financial Results:\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-90.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-90.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-90.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-90.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-90.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-90.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152737,"url":"https:\/\/alphastreet.com\/india\/dollar-industries-ltd-q1fy24-50-fall-in-profits\/","url_meta":{"origin":153746,"position":3},"title":"Dollar Industries Ltd Q1FY24; 50% fall in Profits","author":"Divyansh_Kasana","date":"August 11, 2023","format":false,"excerpt":"Dollar Industries Limited is engaged in manufacture and sale of hosiery products in knitted inner wears, casual wears and thermal wears. Financial Results: Dollar Industries Ltd reported Revenues for Q1FY24 of \u20b9319.00 Crores down from \u20b9361.00 Crore year on year, a fall of 11.63%. Total Expenses for Q1FY24 of \u20b9301.00\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-688.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-688.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-688.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-688.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-688.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-688.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":154226,"url":"https:\/\/alphastreet.com\/india\/bhandari-hosiery-exports-ltd-q1fy24-6-rise-in-profits\/","url_meta":{"origin":153746,"position":4},"title":"Bhandari Hosiery Exports Ltd Q1FY24; 6% rise in Profits","author":"Hardik Bhandare","date":"August 17, 2023","format":false,"excerpt":"Company is engaged in textiles business. Business activities includes design and development to knitting, dyeing, finishing of fabrics and garments. Company has manufacturing unit in Ludhiana. Financial Results: Bhandari Hosiery Exports Ltd reported Revenues for Q1FY24 of \u20b954.11 Crores up from \u20b946.41 Crore year on year, a rise of 16.59%.\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1173.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1173.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1173.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1173.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1173.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1173.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152110,"url":"https:\/\/alphastreet.com\/india\/nahar-spinning-mills-ltd-q1fy24-13-fall-in-revenue\/","url_meta":{"origin":153746,"position":5},"title":"Nahar Spinning Mills Ltd Q1FY24; 13% fall in Revenue","author":"Karan_Singh","date":"August 9, 2023","format":false,"excerpt":"Incorporated in 1980, Nahar Spinning Mills Limited is engaged in the business of manufacturing cotton yarn\/blended yarn and hosiery knitwear. Financial Results: Nahar Spinning Mills Ltd reported Revenues for Q1FY24 of \u20b9749.00 Crores down from \u20b9862.00 Crore year on year, a fall of 13.11%. Total Expenses for Q1FY24 of \u20b9773.00\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-480.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-480.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-480.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-480.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-480.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-480.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/153746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=153746"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/153746\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=153746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=153746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=153746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}