Lakshmi Automatic Loom Works reports standalone net loss of Rs 0.64 crore in the March 2017 quarter

Sales decline 17.39% to Rs 0.57 crore

Net Loss of Lakshmi Automatic Loom Works reported to Rs 0.64 crore in the quarter ended March 2017 as against net loss of Rs 0.30 crore during the previous quarter ended March 2016. Sales declined 17.39% to Rs 0.57 crore in the quarter ended March 2017 as against Rs 0.69 crore during the previous quarter ended March 2016.

For the full year,net profit declined 52.04% to Rs 0.47 crore in the year ended March 2017 as against Rs 0.98 crore during the previous year ended March 2016. Sales rose 11.15% to Rs 2.89 crore in the year ended March 2017 as against Rs 2.60 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.570.69 -17 2.892.60 11 OPM %50.8852.17 -58.1359.23 - PBDT0.390.58 -33 2.212.18 1 PBT0.310.50 -38 1.911.88 2 NP-0.64-0.30 -113 0.470.98 -52

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