Hosiery maker Lux Industries is targeting a revenue growth of 25-30 percent in this half of FY16 and 30-35 percent in FY17, Ajay Patodia, CFO of the company tells CNBC-TV18.Speaking to CNBC-TV18, Patodia says Lux's margins will expand from the current eight percent and the company will soon start reducing its debt.Promoters hold close to 74 percent in the company, which recently came out with an initial public offering.
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