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Lux Industries reports 19% fall in Q4 consolidated net profit

01 Jun 2022 Evaluate

Lux Industries has reported results for fourth quarter and year ended March 31, 2022.

The company has reported a fall of 19.27% in its net profit at Rs 74.50 crore for the quarter under review as compared to Rs 92.28 crore for the same quarter in the previous year. Total income of the company decreased by 1.85% at Rs 586.52 crore for Q4FY22 as compared Rs 597.56 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 19.35% in its net profit at Rs 73.10 crore for the quarter under review as compared to Rs 90.64 crore for the same quarter in the previous year. Total income of the company decreased by 1.39% at Rs 592.96 crore for Q4FY22 as compared Rs 601.31 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported a rise of 24.88% in its net profit at Rs 341.39 crore as compared to Rs 273.37 crore for the previous year. Total income of the company increased by 17.39% at Rs 2,289.99 crore for year under review as compared to Rs 1,950.76 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 25.50% in its net profit at Rs 338.06 crore as compared to Rs 269.38 crore for the previous year. Total income of the company increased by 17.71% at Rs 2,312.92 crore for year under review as compared to Rs 1,964.86 crore for year ended March 31, 2021.

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