Lux Industries Ltd continues the growth streak with 49% rise in sales for Q4

Concerning the current situation, Mr. Ashok Kumar Todi, Chairman said, “While demand remains strong, the supply situation is likely to be adversely impacted by disruptions from COVID-19 lockdowns in India. We will remain agile to address the challenges and drive consistent, competitive, and cash accretive growth over the medium to long term. The export market is showing a strong traction and majority of requirement is coming towards India. Strategy towards expansion is in place to increase the manufacturing and supply chain capacity to tab the market share in the ladies and kids segment.”

Commenting on the Financial Results, Mr. Pradip Kumar