Lakshmi Machine Works consolidated net profit rises 1285.64% in the March 2021 quarter

Sales rise 77.10% to Rs 683.70 crore

Net profit of Lakshmi Machine Works rose 1285.64% to Rs 26.05 crore in the quarter ended March 2021 as against Rs 1.88 crore during the previous quarter ended March 2020. Sales rose 77.10% to Rs 683.70 crore in the quarter ended March 2021 as against Rs 386.05 crore during the previous quarter ended March 2020.

For the full year,net profit rose 60.60% to Rs 44.60 crore in the year ended March 2021 as against Rs 27.77 crore during the previous year ended March 2020. Sales rose 9.71% to Rs 1727.38 crore in the year ended March 2021 as against Rs 1574.50 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales683.70386.05 77 1727.381574.50 10 OPM %6.45-1.74 -4.080.71 - PBDT67.6819.28 251 149.08104.54 43 PBT53.875.64 855 93.4549.28 90 NP26.051.88 1286 44.6027.77 61

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