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Lakshmi Machine Works standalone net profit declines 89.60% in the December 2019 quarter

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Capital Market

Sales decline 51.35% to Rs 315.20 crore

Net profit of Lakshmi Machine Works declined 89.60% to Rs 6.49 crore in the quarter ended December 2019 as against Rs 62.38 crore during the previous quarter ended December 2018. Sales declined 51.35% to Rs 315.20 crore in the quarter ended December 2019 as against Rs 647.91 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales315.20647.91 -51 OPM %0.9513.68 -PBDT25.33101.75 -75 PBT12.7389.20 -86 NP6.4962.38 -90

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First Published: Jan 27 2020 | 5:10 PM IST

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