Lokesh Machines standalone net profit rises 58.45% in the March 2024 quarter

Sales rise 19.91% to Rs 80.34 crore

Net profit of Lokesh Machines rose 58.45% to Rs 4.69 crore in the quarter ended March 2024 as against Rs 2.96 crore during the previous quarter ended March 2023. Sales rose 19.91% to Rs 80.34 crore in the quarter ended March 2024 as against Rs 67.00 crore during the previous quarter ended March 2023.

For the full year,net profit rose 43.23% to Rs 13.85 crore in the year ended March 2024 as against Rs 9.67 crore during the previous year ended March 2023. Sales rose 22.16% to Rs 293.54 crore in the year ended March 2024 as against Rs 240.30 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales80.3467.00 20 293.54240.30 22 OPM %14.7513.63 -13.7411.87 - PBDT9.547.26 31 30.5321.99 39 PBT7.094.91 44 20.5612.91 59 NP4.692.96 58 13.859.67 43

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