Powered by: Motilal Oswal
2025-02-14 11:55:00 am | Source:
Lux Industries declines despite reporting 62% jump in Q3 consolidated net profit
Lux Industries declines despite reporting 62% jump in Q3 consolidated net profit

Lux Industries is currently trading at Rs. 1413.00, down by 62.60 points or 4.24% from its previous closing of Rs. 1475.60 on the BSE.

The scrip opened at Rs. 1498.95 and has touched a high and low of Rs. 1502.95 and Rs. 1411.00 respectively. So far 4874 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 2492.00 on 06-Aug-2024 and a 52 week low of Rs. 1072.05 on 28-Mar-2024.

Last one week high and low of the scrip stood at Rs. 1584.25 and Rs. 1411.00 respectively. The current market cap of the company is Rs. 4267.17 crore.

The promoters holding in the company stood at 74.19%, while Institutions and Non-Institutions held 6.06% and 19.74% respectively.

Lux Industries has reported 55.65% rise in its net profit at Rs 32.64 crore for Q3FY25 as compared to Rs 20.97 crore for the same quarter in the previous year. Total income of the company increased by 22.63% at Rs 557.30 crore for Q3FY25 as compared to Rs 454.46 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 61.67% rise in its net profit at Rs 31.51 crore for the quarter ended December 31, 2024 as compared to Rs 19.49 crore for the same quarter in the previous year. Total income of the company increased by 22.48% at Rs 556.87 crore for Q3FY25 as compared to Rs 454.65 crore for the corresponding quarter previous year.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here