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.