Lakshmi Machine Works Q2 FY11 Results : Net profit rises 41.67%

by khalid on 30/10/2010 · 0 comments

Lakshmi Machine Works Limited has posted a phenomenal increase in net profit for the period Q2 (ending Sep 2010) of the current fiscal (FY11). During the said quarter, net profit rises 41.67% to Rs 45.86 crore in comparison to the Rs 32.37 crore of Q2 (ending Sep 09) of previous year(FY10). Lakshmi Machine Works Limited is organized in two segments: textile machinery segment, comprising of spinning preparatory machinery, yarn making machinery, accessories and parts, and other segment, comprising of machine tools and foundry division.

The company informed the share market(BSE) that the net sales increased 59.83% to Rs 429.26 crore in quarter ended Sep 2010 when compared with the last years same quarter ended Sep 2009 which was Rs 268.57 crore.

Share’s Data :-
BSE Code : 500252
Mkt. Cap : Rs 3,315.45 Crores
Lakshmi Machine Works Ltd. share’s CMP is Rs 2,673.75 on 29th Oct 2010.

Source :- BelltheBull

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