Other Apparels & Accessories company Lux Industries declares Q3FY22 result: Revenue: Rs. 1,719.96 Crores, growth of 26% YoY EBIDTA: Rs. 377.20 Crores, growth of 43% YoY PAT: Rs. 264.96 Crores, growth of 48% YoY Commenting on the Industry Trends, Mr. Ashok Kumar Todi, Chairman said, “Over the years the Innerwear industry has evolved to bring in multiple opportunities and possibilities of growth, consumers especially the millennials are shifting the conventional consumer request of ‘Kuch achcha-sasta dikhaiye!’ to ‘Kuch bachiya chaahiye!’. They are becoming more aware of the options and look for a high fashion factor as well as comfort, hygiene, brand image, and reasonable rates. This approach has largely graduated the business from unorganised to organised, and we at Lux are confident in our ability to carve out an increasing share and outperform the sector. We've been rapidly changing and expanding our relevance as a family brand by offering something for everyone in the family through our diverse brand portfolio. We constantly communicate with our customers on a regular basis through various marketing initiatives and promotions to familiarise them with our brands and to inform them about the quality and comfort they can expect at competitive pricing. These initiatives have aided us in consistently achieving results that are considerably above industry averages.” Result PDF