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Lakshmi Machine Works Q4FY23 Earnings Story

Leading textile machinery manufacturer Lakshmi Machine Works Ltd produces and sells heavy castings, CNC machine tools, textile spinning machines, parts, and components for a variety of industries.

Financial Results:

  • Lakshmi Machine Works Ltd. reported Total Income for Q4FY23 of ₹ 1,351 Crores up from ₹ 1,013 Crore year on year, a rise of 33%.

  • Total Expenses for Q4FY23 of ₹ 1,207 Crores up from ₹ 923 Crores year on year, rise of 31%.

  • Consolidated Net Profit of ₹ 94 Crores, up 14% from ₹ 83 Crores in the same quarter of the previous year.

  • The Earnings per Share is ₹ 88.08, up 14% from ₹ 77.44 in the same quarter of the previous year.
Tags: Machinery
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