Lokesh Machines standalone net profit declines 7.45% in the March 2017 quarter
Sales decline 2.87% to Rs 41.69 crore
Net profit of Lokesh Machines declined 7.45% to Rs 1.49 crore in the quarter ended March 2017 as against Rs 1.61 crore during the previous quarter ended March 2016. Sales declined 2.87% to Rs 41.69 crore in the quarter ended March 2017 as against Rs 42.92 crore during the previous quarter ended March 2016.For the full year,net profit rose 2.34% to Rs 2.19 crore in the year ended March 2017 as against Rs 2.14 crore during the previous year ended March 2016. Sales rose 8.85% to Rs 131.78 crore in the year ended March 2017 as against Rs 121.07 crore during the previous year ended March 2016.
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