MANAGEMENT
Chairman and MD: Dr. D. Jayavarthanavelu
Wholetime Director: Sri. R. Venkatrangappan
Wholetime Director: Sri. Sanjay Jayavarthanavelu
Chief Financial Officer: Sri. R. Rajendran
LINE OF OPERATION
Textile machinery, machine tools and GI castings manufacturer.
NO. oF EMPLOYEES
Over 3,780
SPECIAL ACHIEVEMENT / AWARDS
- ‘Star Performer in Machinery’ (excluding electrical) and ‘Mechanical Appliances Award’ by EEPC (Engineering Export Promotion Council).
- ‘Apex Export Award’ for highest export of textile machinery by FITEI (Federation of Indian Textile Engineering Industry).
- Gargi Huttens Albertus Green Foundry Award for 2006 from the Institute of Indian Foundrymen.
- ISO 14001 : 2004 certificate from the Bureau Veritas Certification India Pvt.Ltd. for effective environmental management system.
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COMPANY PROFILE
CEO: Dr. D. Jayavarthanavelu
Lakshmi Machine Works Limited is a leading Textile Machinery Manufacturer in India and ranks one amongst the three in the World to produce the entire range of Spinning Machinery. In 1962 LMW was founded to provide the Indian Textile Mills with the latest Spinning Technology. Today it caters to around 60% of the domestic market and has emerged as the leader in the Export of Textile Machinery in the country.
Backed by a strong after-sales-service and an ongoing training programme LMW does not stop with selling machinery but provides solutions and today is the bench mark for quality, fair trade practice and total customer satisfaction. LMW has also secured ISO 9000 and ISO 14001 certifications.
LMW's ability to build world class machine tools is demonstrated by its diversification into CNC Machine Tools in 1988. A sizable population of CNC machines manufactured by LMW Machine Tool Division are spread all over the country.
LMW also has a futuristic Foundry, first of its kind absorbing the most modern foundry technology. This foundry is absolutely environment clean and pollution free "no dust, no dirt, no fume, no smoke and no bake technology". Their products are well accepted and exported to Europe, USA etc.
FINANCIAL
| Unaudited financial results for the quarter/half year ended 30th september, 2007. (Rs. in Lakhs) |
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Particulars |
Quarter ended
September 30 |
Half year ended
September 30 |
Accounting year
ended March 31 |
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2007 |
2006 |
2007 |
2006 |
2007 |
| 1 |
Net Sales / Income from Operation |
58274.25 |
45956.91 |
106596.81 |
83896.50 |
185358.15 |
| 2 |
Other Income |
2358.25 |
2155.81 |
4098.17 |
2931.71 |
8813.98 |
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Total Income (1+2) |
60632.50 |
48112.72 |
110694.98 |
86828.21 |
194172.13 |
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