Lux Industries’ Q4FY23 profit declines 57.7% at Rs 31.21 crore, revenue up 21.9%

Lux Industries’ fiscal fourth quarter profit fell 57.7 per cent to Rs 31.21 crore in comparison to Rs 73.76 crore in the fourth quarter of FY22. It posted revenue from operations at Rs 715.19 crore, up 21.9 per cent as against Rs 586.91 crore in the corresponding quarter of previous year. The company EBITDA was at Rs 42.2 crore, up 60.5 per cent on-year. Lux Industries posted total income during the quarter at Rs 725.11 crore as against Rs 592.96 crore in the same quarter previous year. And the...