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Revenues skyrocket at LMW in Q1

29 Jul '10
1 min read

Today, the Coimbatore based, Lakshmi Machine Works Ltd (LMW), a reputed and the biggest manufacturer of textile machinery in India released its first quarter fiscal 2010-11 results.

In its textile machinery division, revenues have leapfrogged from Rs 1.6 billion in the first quarter of fiscal 2009-10 to Rs 3.02 billion in the quarter under consideration.

In the same way, profit before interest and tax of the textile division, too has jumped from just Rs 19.67 million to Rs 311.94 million in the first quarter of fiscal 2010-11.

Click here to view LMW unaudited Q1 results.

Fibre2fashion News Desk - India

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