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* - Tentative Dates
The Net Proceeds from the Issue are proposed to be utilized by the Company for the following objects:
Lws Knitwear Ltd.'s revenue increased by 19.99% and profit after tax (PAT) rose by 376.51% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 43.17 | 50.34 | 32.16 |
| Revenue | 75.13 | 62.62 | 61.76 |
| Profit After Tax | 1.40 | 0.29 | 0.26 |
| Net Worth | 12.03 | 10.79 | 10.49 |
| Reserves and Surplus | 7.13 | 5.73 | 5.44 |
| Total Borrowing | 19.48 | 15.97 | 5.00 |
| Amount in ? Crore | |||
LWS Knitwear is a Ludhiana-based garment manufacturer company. It manufactures different types of winter and summar garments. The company is engaged in trading knitted fabric of different textures, for manufacturing garments for men, women, and children. The fabric is used to manufacture dresses, skirts, t-shirts, sweaters, cardigans, leggins, shirts, cuffs, neckbands, etc.
In Fiscal 2023, the company's revenue were recorded at Rs. 6,261.52 lakhs.
