Lakshmi Machine Works has reported results for third quarter ended December 31, 2015.
The company has reported 41.81% rise in its net profit at Rs 63.49 crore for the quarter ended December 31, 2015 as compared to Rs 44.77 crore for the same quarter in the previous year. The company’s total income has increased by 13.31% to Rs 672.45 crore for the quarter under review from Rs 593.44 crore for the corresponding quarter of the 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.
