Lux Industries Q4 net jumps to Rs 90.6cr, Retail News, ET Retail

Davida Erdahl

Kolkata: Innerwear maker Lux Industries has witnessed a 118% bounce in internet earnings to Rs 90.six crore in the fourth quarter of 2020-21. The income for the quarter was up by forty nine% to Rs 601 crore. Commenting on the industry tendencies, Lux Industries chairman Ashok Kumar Todi reported, “We […]

Kolkata: Innerwear maker Lux Industries has witnessed a 118% bounce in internet earnings to Rs 90.six crore in the fourth quarter of 2020-21. The income for the quarter was up by forty nine% to Rs 601 crore.

Commenting on the industry tendencies, Lux Industries chairman Ashok Kumar Todi reported, “We are delighted to report a resilient efficiency for the quarter long gone by. The efficiency has been pushed by progressive improvement in demand from customers and use throughout the innerwear industry.”

He pointed out that even with the local lockdown thanks to the Covid-19 pandemic and the resulting difficulties throughout the quarter, it witnessed nutritious traction for economic system and mid-premium groups and saw a gradual pickup in our premium and export section.

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