Lakshmi Machine Works standalone net profit declines 10.34% in the March 2018 quarter

Capital Market 

Sales rise 10.15% to Rs 747.30 crore

Net profit of declined 10.34% to Rs 61.23 crore in the quarter ended March 2018 as against Rs 68.29 crore during the previous quarter ended March 2017. Sales rose 10.15% to Rs 747.30 crore in the quarter ended March 2018 as against Rs 678.46 crore during the previous quarter ended March 2017.

For the full year,net profit rose 10.92% to Rs 211.42 crore in the year ended March 2018 as against Rs 190.60 crore during the previous year ended March 2017. Sales rose 5.21% to Rs 2558.90 crore in the year ended March 2018 as against Rs 2432.26 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales747.30678.46 10 2558.902432.26 5 OPM %9.038.46 -10.4010.51 - PBDT101.40110.73 -8 373.95345.74 8 PBT84.7986.66 -2 303.15271.01 12 NP61.2368.29 -10 211.42190.60 11

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First Published: Wed, May 30 2018. 16:31 IST