Lux Industries says Q4 stable but exceptional
  • WebDesk BTVI
  • Apr 23 2019

Saket Todi, Lux Industries, says the performance of the firm this quarter was satisfactory even with gross margin going down due to a few factors such as rise in raw material cost, but adds that the net margin has remained the same. He however adds that this performance is unlikely to continue and that gross margin is likely to be at 32-33% average.