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Lakshmi Machine Works consolidated net profit declines 94.53% in the December 2019 quarter

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Capital Market

Sales decline 49.64% to Rs 320.33 crore

Net profit of Lakshmi Machine Works declined 94.53% to Rs 3.26 crore in the quarter ended December 2019 as against Rs 59.61 crore during the previous quarter ended December 2018. Sales declined 49.64% to Rs 320.33 crore in the quarter ended December 2019 as against Rs 636.02 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales320.33636.02 -50 OPM %0.3313.98 -PBDT23.33100.35 -77 PBT9.5086.43 -89 NP3.2659.61 -95

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First Published: Jan 27 2020 | 5:23 PM IST

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