Lakshmi Machine Works has reported results for second quarter ended September 30, 2014.
The company has registered 10.28% fall in its net profit at Rs 46.84 crore for the quarter under review as compared to Rs 52.21 crore for the same quarter in the previous year. However, total income of the company has increased 4.77% to Rs 615.58 crore for Q2FY15 as compared Rs 587.53 crore for the corresponding quarter previous year.
Lakshmi Machine Works, founded in the year 1962 is a global player and among the top three manufacturers of the entire range of Textile Spinning Machinery ranging from Blow Room to Ring Spinning.