Lakshmi Finance & Industrial Corporation standalone net profit rises 108.77% in the March 2017 quarter

Image
Capital Market
Last Updated : May 18 2017 | 4:13 PM IST

Don't want to miss the best from Business Standard?

Sales rise 53.76% to Rs 1.43 crore

Net profit of Lakshmi Finance & Industrial Corporation rose 108.77% to Rs 1.19 crore in the quarter ended March 2017 as against Rs 0.57 crore during the previous quarter ended March 2016. Sales rose 53.76% to Rs 1.43 crore in the quarter ended March 2017 as against Rs 0.93 crore during the previous quarter ended March 2016.

For the full year,net profit declined 13.22% to Rs 3.15 crore in the year ended March 2017 as against Rs 3.63 crore during the previous year ended March 2016. Sales declined 9.25% to Rs 4.12 crore in the year ended March 2017 as against Rs 4.54 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1.430.93 54 4.124.54 -9 OPM %72.7364.52 -69.9075.99 - PBDT1.140.71 61 3.253.83 -15 PBT1.130.70 61 3.193.76 -15 NP1.190.57 109 3.153.63 -13

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 18 2017 | 3:57 PM IST

Next Story