Business | Latest & Breaking News on Business | Photos, Videos, Breaking Stories and Articles on Business - Moneycontrol.com

Moneycontrol PRO

HomeNewsLauruslabs

Jump to

Lovable Lingerie eyes 30% growth in FY12

Chairman and Managing Director at Lovable Linderie, L Vinay Reddy spoke about the growth expected by the company, the affect of increasing raw material costs on their margins and their plans for FY12.
Lovable targets over 30% CAGR; no plan to raise funds soon

L Vinay Reddy chairman and managing director of Lovable Lingerie shares that the company that saw tremendous response from the investors is now well funded for the next two to three years.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347