Lakshmi Machine Works standalone net profit rises 260.83% in the March 2021 quarter

Sales rise 69.52% to Rs 663.12 crore

Net profit of Lakshmi Machine Works rose 260.83% to Rs 25.33 crore in the quarter ended March 2021 as against Rs 7.02 crore during the previous quarter ended March 2020. Sales rose 69.52% to Rs 663.12 crore in the quarter ended March 2021 as against Rs 391.17 crore during the previous quarter ended March 2020.

For the full year,net profit rose 5.47% to Rs 47.46 crore in the year ended March 2021 as against Rs 45.00 crore during the previous year ended March 2020. Sales rose 7.61% to Rs 1689.65 crore in the year ended March 2021 as against Rs 1570.10 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales663.12391.17 70 1689.651570.10 8 OPM %6.50-0.67 -4.071.50 - PBDT66.0423.28 184 147.88116.77 27 PBT53.1610.78 393 96.3266.51 45 NP25.337.02 261 47.4645.00 5

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