Lakshmi Machine Works Q4FY23 Earnings Story

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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