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26-Oct-2023

Lakshmi Machine Works

PBIT of TM down 2%


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Consolidated net sales (including other operating income) of Lakshmi Machine Works has increased 8.95% to Rs 1320.42 crore.  Sales of Textile Machinery Division segment has gone up 9.03% to Rs 1,062.09 crore (accounting for 77.19% of total sales).  Sales of Machine Tool & Foundry Division segment has gone up 2.74% to Rs 271.12 crore (accounting for 19.71% of total sales).  Sales of Advanced Technology Centre segment rose 29.78% to Rs 42.66 crore (accounting for 3.10% of total sales).  Inter-segment sales rose Rs 44.83 crore to Rs 48.86 crore.  

Profit before interest, tax and other unallocable items (PBIT) has jumped 3.46% to Rs 129.58 crore.  PBIT of Textile Machinery Division segment fell 1.61% to Rs 104.67 crore (accounting for 80.78% of total PBIT).  PBIT of Machine Tool & Foundry Division segment rose 7.42% to Rs 19.26 crore (accounting for 14.86% of total PBIT).  PBIT...



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