February 26, 2017 12:41 AM ET

Textiles, Apparel and Luxury Goods

Company Overview of Lux Industries Limited

Company Overview

Lux Industries Limited manufactures and sells knitwear in India. Its products include bloomers, briefs, panties, slacks, slips, trunks and drawers, vests, winter wear products, bermudas, leggings, socks, and T-shirts under the Lux Cozi, Lux Cozi Bigshot, Lux Venus, Lux Classic, Lux Karishma, Lux Touch, Lux Inferno, Lux Cottswool, Lux Cozi GLO, Lux Premium Series, Lux, and Genx brands for men, women, and kids. It also exports its products to the Middle East, Australia, Cameroon, and African countries. The company was formerly known as Biswanath Hosiery Mills and changed its name to Lux Industries Limited in 1995. Lux Industries Limited was founded in 1957 and is based in Kolkata, India.

PS Srijan Tech Park

10th Floor

DN -52, Sector-V

Salt Lake City

Kolkata,  700091

India

Founded in 1957

743 Employees

Phone:

91 33 4040 2121

Fax:

91 33 4001 2001

Key Executives for Lux Industries Limited

Managing Director and Executive Director
Total Annual Compensation: 24.0M
Executive Chairman
Age: 57
Total Annual Compensation: 24.0M
Compensation as of Fiscal Year 2016.

Lux Industries Limited Key Developments

Lux Industries Limited Appoints Smita Mishra as Company Secretary and Compliance Officer, Effective February 14, 2017

Lux Industries Limited announced that the board of directors, at its meeting held on February 13, 2017 has approved the appointment of Mrs. Smita Mishra an associate member of the Institute of Company Secretaries of India, as the Company Secretary and Compliance Officer of the company with effect from February 14, 2017.

Lux Industries Limited Announces Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016

Lux Industries Limited announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales of INR 2,304.813 million against INR 2,470.748 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 262.345 million against INR 248.037 million a year ago. EBIDTA was INR 283.0 million against INR 259.1 million for the same period last year. Profit from ordinary activities before tax was INR 220.502 million against INR 215.354 million a year ago. Net profit for the period was INR 143.354 million against INR 142.313 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 5.68 against INR 5.64 a year ago. For the nine months, the company reported net sales of INR 6,761.157 million against INR 6,600.708 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 769.663 million against INR 623.175 million a year ago. EBIDTA was INR 822.6 million against INR 655.5 million for the same period last year. Profit from ordinary activities before tax was INR 663.067 million against INR 544.815 million a year ago. Net profit for the period was INR 432.600 million against INR 359.027 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 17.13 against INR 14.22 a year ago.

Lux Industries Limited to Report Q3, 2017 Results on Feb 13, 2017

Lux Industries Limited announced that they will report Q3, 2017 results on Feb 13, 2017

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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