COIMBATORE EPFO:Establishment Search.pdf (62.6 KB)
I read one article from 2point2 Capital. Where we can check the employee count and employee PF payment from EPFO website i found this data only for following
Lux industry ltd Coimbatore
Employee Count is as on Jun 698 and Amount is 567422. Average PF Is 812/Employee
and for
Artimas Fashions Private Limited
Employees count 43 and Amount is 82056
Average PF Is 1908 in this case.
I didn’t found data for the WB Plants.
Also total employee count for the Compony is
2021 - 2382
2022 - 2678
Salaries for promoter is 42800000
Is is 405.49 times the MRE
So when I calculate the Average salary of employee in LUX It is coming only
Yearly 105551.30
Monthly 8795.94
Which for Per day will be come as 293Rs below the government minimum.
Not un expert but went to verify it.
In 2022 AR Both Todi promoter taken 50% increments at the time when they have negative cash flow.
Which seems very low for corporate
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