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Lokesh Machines standalone net profit declines 7.45% in the March 2017 quarter

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Capital Market

Sales decline 2.87% to Rs 41.69 crore

Net profit of Lokesh Machines declined 7.45% to Rs 1.49 crore in the quarter ended March 2017 as against Rs 1.61 crore during the previous quarter ended March 2016. Sales declined 2.87% to Rs 41.69 crore in the quarter ended March 2017 as against Rs 42.92 crore during the previous quarter ended March 2016.

For the full year,net profit rose 2.34% to Rs 2.19 crore in the year ended March 2017 as against Rs 2.14 crore during the previous year ended March 2016. Sales rose 8.85% to Rs 131.78 crore in the year ended March 2017 as against Rs 121.07 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales41.6942.92 -3 131.78121.07 9 OPM %20.0818.83 -21.1720.96 - PBDT4.524.44 2 11.6110.93 6 PBT2.382.74 -13 3.433.52 -3 NP1.491.61 -7 2.192.14 2

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First Published: Jun 01 2017 | 4:03 PM IST

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