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Lakshmi Machine Works reports 25% rise in Q4 net profit

21 May 2015 Evaluate

Lakshmi Machine Works has reported result for the fourth quarter and year ended March 31, 2015.

The company has posted a rise of 25.23% in its net profit at Rs 67.25 crore for the quarter ended March 31, 2015 as compared to Rs 53.7 crore for the same quarter in the previous year. Total income of the company has increased by 0.64% at Rs 683.71 crore for quarter under review as compared to Rs 679.33 crore for the quarter ended March 31, 2014.

For the year ended March 31, 2015, the company has posted a rise of 12.93% in its net profit at Rs 207.45 crore as compared to Rs 183.69 crore for the same period in the previous year. Total income of the company has surged by 5.69% at Rs 2491.15 crore for year under review as compared to Rs 2357.1 crore for the period ended March 31, 2014.

For the year ended March 31, 2015, on the consolidated basis, the company has posted a jump of 16.18% in its net profit at Rs 219.65 crore as compared to Rs 189.06 crore for the same period in the previous year. Total income of company has increased by 5.72% at Rs 2588.49 crore for year under review as compared to Rs 2448.4 crore for the period ended March 31, 2014.

LMW Share Price

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Company Name CMP
LMW 14357.85
Stovec Inds 2005.30
Harish Textile Engin 69.90
Veejay Lakshmi Engg 37.83
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