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Lakshmi Machine Works standalone net profit declines 16.62% in the March 2016 quarter

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Capital Market

Sales rise 5.42% to Rs 673.20 crore

Net profit of Lakshmi Machine Works declined 16.62% to Rs 56.08 crore in the quarter ended March 2016 as against Rs 67.26 crore during the previous quarter ended March 2015. Sales rose 5.42% to Rs 673.20 crore in the quarter ended March 2016 as against Rs 638.61 crore during the previous quarter ended March 2015.

For the full year,net profit rose 6.01% to Rs 219.92 crore in the year ended March 2016 as against Rs 207.45 crore during the previous year ended March 2015. Sales rose 6.67% to Rs 2466.76 crore in the year ended March 2016 as against Rs 2312.58 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales673.20638.61 5 2466.762312.58 7 OPM %13.2211.46 -12.9212.47 - PBDT113.38100.83 12 416.09393.99 6 PBT90.6777.46 17 333.20297.49 12 NP56.0867.26 -17 219.92207.45 6

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First Published: May 26 2016 | 8:21 AM IST

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