Price as on December 6, 2024:- INR1970
NSE: LUXIND: INR1970
Lux Industries Limited is having a one of the largest processing unit located at Dankuni, West Bengal, India, wherein apart from cutting and knitting machines, the company source finest cotton yarn from India and other countries to make the best quality products. The company came into existence in 1995, over the years from manufacturing & sales of knitwear, the company has established itself as a leader in the branded innerwear segment in India, with 7 manufacturing facilities producing around 34 crore garments a year and more than 1150 dealers across India. Lux Industries is currently present across 46 countries and plans are on to increase the count to 60 countries by 2025, the company is planning to foray into newer segments and geographies, expand multi-channel footprint and ramp up exports by venturing into newer countries to grow sales.
The financial is strong, Q2 of FY2025, 5.4% increased in revenue Y-o-Y, as INR643 crore in Q2 of FY2024 and INR677 crore in Q2 of FY2025. Mr. Ashok Kumar Todi, Chairman, stated as the rapid growth that the company is experiencing in both sales and profits, the company is constantly expanding and innovating products and production techniques while maintaining an uncompromising stance on comfort.
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