Veejay Lakshmi Engineering Works reports standalone net profit of Rs 0.17 crore in the March 2017 quarter

Sales rise 56.87% to Rs 25.82 crore

Net profit of Veejay Lakshmi Engineering Works reported to Rs 0.17 crore in the quarter ended March 2017 as against net loss of Rs 2.44 crore during the previous quarter ended March 2016. Sales rose 56.87% to Rs 25.82 crore in the quarter ended March 2017 as against Rs 16.46 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 1.26 crore in the year ended March 2017 as against net loss of Rs 3.95 crore during the previous year ended March 2016. Sales rose 16.32% to Rs 90.87 crore in the year ended March 2017 as against Rs 78.12 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales25.8216.46 57 90.8778.12 16 OPM %5.62-4.37 -3.99-0.84 - PBDT1.77-0.46 LP 4.12-0.98 LP PBT0.46-1.83 LP -0.56-5.65 90 NP0.17-2.44 LP -1.26-3.95 68

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