Lux Industries Ltd - 539542 - Clarification/Confirmation On News Item Appearing In "CNBC TV 18"
Clarification/Confirmation on news item appearing in "CNBC TV 18"22-09-2023
22-09-2023
Lux Industries Ltd - 539542 - Clarification sought from Lux Industries Ltd
The Exchange has sought clarification from Lux Industries Ltd on September 22, 2023, with reference to news appeared in CNBC TV 18 dated September 22, 2023 quoting"I-T Department conducting searches at Lux Industries in Kolkata"The reply is awaited.22-09-2023
Lux Industries Ltd - 539542 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication regarding 28th Annual General Meeting.08-09-2023
Lux Industries Ltd - 539542 - Business Responsibility and Sustainability Reporting (BRSR)
Business Responsibility and Sustainability Report (FY2022-23)06-09-2023
Lux Industries Ltd - 539542 - Notice Of The 28Th Annual General Meeting Along With The Annual Report Of The Company For The Financial Year 2022-23
Notice of the 28th Annual General Meeting along with the Annual Report of the Company for the Financial Year 2022-2306-09-2023
Lux Industries Ltd - 539542 - Reg. 34 (1) Annual Report.
Submission of Annual Report 2022-23 (Including Notice of 28th Annual General Meeting) for the Financial Year ended 31st March 2023.06-09-2023
Lux Industries Ltd - 539542 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Copy of Newspaper Publication- Information to shareholders regarding 28th Annual General Meeting and e-voting.19-08-2023
Lux Industries Ltd - 539542 - Book Closure For The Purpose Of Dividend And Annual General Meeting.
Book Closure for the purpose of Dividend and Annual General Meeting.16-08-2023
Lux Industries Ltd - 539542 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication of Unaudited Financial Results of the Company for the quarter ended 30th June, 2023.16-08-2023
Q1FY24 Quarterly Result Announced for Lux Industries Ltd.
Apparels & Accessories company Lux Industries announced Q1FY24 results: Income from Operations of Rs 525.4 crore in Q1FY24 compared to Rs 571.7 crore in Q1FY23, down 8% YoY. EBITDA of Rs 33.2 crore in Q1FY24 compared to Rs 77.8 crore in Q1FY23, a decrease of 57% YoY. EBITDA Margin (%) of 6.33% in Q1FY24 compared to 13.61% in Q1FY23. Profit After Tax of Rs 15.1 crore in Q1FY24 compared to Rs 50.0 crore in Q1FY23, a decrease of 70% YoY. PAT Margin (%) of 2.88% in Q1FY24 compared to 8.74% in Q1FY23. Commenting on the Industry Trends, Ashok Kumar Todi, Chairman said, "FY23, the hosiery industry faced multiple challenges arising from various factors. These challenges encompassed reduced on-ground demand, disruptions in the supply chain, and volatility in raw material prices, all contributing to decreased volumes and profit margins. These obstacles are expected to have some ripple effect even in the first half of FY24, as still there is some ongoing difference between domestic and international cotton prices. Amid this difficult industry landscape, Lux has fairly navigated these challenging market conditions with state-of-the-art manufacturing facilities, a wide range of legacy brands, and a deeply penetrated supply chain network. The Company’s Q1 FY24 financial performance was in line with the management estimates. The Company during the period reported a revenue of Rs 525.4 crore compared to Rs 571.7 crore last year. The Company remains focused on continuing to increase its market share across key geographies and channels through its legacy and power brands like Lux Cozi, Lux Venus, Lux Inferno, Lux Cottswool, Lyra, and ONN among many others. Moreover, the Company’s commitment to enhancing working capital cycles and optimizing inventory management continues to be a driving force, as it strives to fortify its competitive edge in this dynamic and evolving industry landscape.” Result PDF16-08-2023