Home / Knowledge / News / Textiles / LMW's net sales up 5.41% in Q4 ended March 31
LMW's net sales up 5.41% in Q4 ended March 31
30
May '16
Courtesy: Lakshmi Machine Works
Courtesy: Lakshmi Machine Works
Indian textile machinery major Lakshmi Machine Works (LMW) posted a rise of 5.41 per cent in net sales to Rs 673.19 crore in fourth quarter of year ended March 31, 2016 as compared to Rs 638.61 crore in the corresponding quarter last fiscal, according to a statement filed by the company with BSE.

Segment-wise, textile machinery division reported the highest revenue rise, with revenue rising 10.46 per cent during the quarter to Rs 627.61 crore as compared to Rs 568.14 crore in the same period previous fiscal.

However, net profit fell 16.61 per cent in the quarter to Rs 560.82 crore as compared to Rs 672.59 crore in the previous quarter.

Earnings per diluted share stood at Rs 49.78 as compared to Rs 59.70 previously. (MCJ)

Fibre2Fashion News Desk - India


Must ReadView All

US commerce department finds dumping of low melt PSF

Textiles | On 20th Jun 2018

US commerce department finds dumping of low melt PSF

The US department of commerce (USDC) has announced affirmative final...

Courtesy: Aditya Birla

Textiles | On 20th Jun 2018

'Growth of VSF yarn industry is difficult'

Growth for the viscose filament yarn (VSF) yarn industry is...

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Apparel/Garments | On 20th Jun 2018

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Italian company Eurojersey Spa will present in 2019 new embossing...

Interviews View All

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search