In a span of just 5 years, Lux has increased its Profit after Tax (PAT) from Rs 14 crores in 2012 to a whooping Rs 51 crores. During the same period, the revenue growth was Rs 394 Crores. Lux is now targeting to achieve the revenue figure of Rs 1000 Crores. With time, Lux Industries Limited has struck the perfect balance between delivering the utmost satisfaction to its consumers and generating healthy profits.
LUX Industries Limited has been financially sound with a consistent cash profit growth rate. The snapshot of last 5 financial years can be found below.
2015-2016: We have been significantly doing well with each passing year, our profit of Rs 82.89 crores proves this point. This has again been our one of the most successful financial year ever since inception.
2014-2015: We recorded excellent results and cash profit of Rs 63.78 Crores.
2013-2014: We reached a new peak this financial year by recording a profit of Rs 52.60 crores. This year the Lux Lyra Leggings for women was introduced, which helped us in uplifting our sales and boosting our profits.
2012-2013: One of the most successful financial years. Profit of Rs 34.17 crores was generated. One of the most important reasons for this is the extensive increase in sale of our winter wear range.
2011-2012: This financial year we recorded a profit of Rs 24.47 crores. The premium brand ONN Premimum Wear was launched that helped in boosting the profits.
Lux Industries Limited with its current structure showed an immense growth of Rs 94.86 crores in the year 2015-16.
2015-2016: This finacial year we generated a total of 94.86 Crores. Our highest till date.
2014-2015: This financial year saw a big leap where we gained Rs 81.41 crores.
2013-2014: This financial year we garnerated a total of Rs 70.03 crores.
2012-2013: In this financial year we made a profit Rs 44.84 crores. The biggest reason for this year's profit is due to the extensive increase in the sale of our winter wear ranges.
2011-2012: A profit of Rs 32.73 crores was made this year. There was a substantial amount of increase in our profit margin as compared to last year. The biggest reason for this was the launch of our premium brand - ONN Premium Wear which helped in boosting the profits.
It is vital for a company to have a strong financial support to expand itself to the world. We are constantly changing our strategies and adapting ourselves to keep pace with the rapidly changing market around us. We stand among the manufacturing companies with very high standards. If we compare our profits graphs of the last years, the numbers would speak for themselves.
2015-2016: This has been one of the most profitable year for Lux, where we achieved a PAT of Rs 51.34 crores.
2014-2015: In this financial year we achieved a PAT of Rs 45.22 Crores.
2013-2014: In this financial year Lux garnered a PAT of Rs 31.37 crores.
2012-2013: A Profit After Tax of Rs 20.34 crores with a YOY growth rate of 43% was successfully achieved.
2011-2012: The PAT figure of this financial year was Rs 14.14 crores.
There is a phenomenal change witnessed in revenue growth by LIL in last 5 years. If we take a look back, we would like to share a snapshot of LIL's growth in the past year-
2015-2016: The financial year of 2015-2016 was one of the most sound and beneficial time period of Lux with revenue generated worth Rs 940.86 crores.
2014-2015: In this financial year we achieved a revenue of Rs 908.86 Crores.
2013-2014: During this financial year, we at Lux witnessed a revenue growth of Rs 870.63 crores.
2012-2013: In this particular financial year, the revenue generated was of Rs 713.25 crores.
2011-2012: Revenue generated in this financial year was Rs 568.07 crores.