Lakshmi Machine Works Q4 Results Live : profit falls by 29.88% YOY
Lakshmi Machine Works Q4 Results Live : Revenue decreased by 25.51% YoY & profit decreased by 29.88% YoY
Lakshmi Machine Works Q4 Results Live : Lakshmi Machine Works announced their Q4 results on 27 May, 2024, revealing a decline in revenue by 25.51% and profit by 29.88% compared to the same quarter last year.
The company also saw a decrease in revenue by 20.04% and profit by 33.2% when compared to the previous quarter.
Selling, general & administrative expenses went down by 7.99% quarter-on-quarter and 3.87% year-on-year.
Operating income took a hit, decreasing by 50.35% sequentially and 51.38% year-on-year.
The earnings per share (EPS) for Q4 were reported at ₹61.76, marking a 29.88% decrease year-on-year.
In terms of returns, Lakshmi Machine Works delivered -3.96% in the last 1 week, 24.92% in the last 6 months, and 19.69% year-to-date.
The company currently boasts a market capitalization of ₹17566.64 Cr with a 52-week high/low of ₹17794.15 & ₹11251 respectively.
Analysts covering the company as of 28 May, 2024, have mixed opinions with 1 analyst giving a Strong Sell rating and 1 analyst giving a Hold rating.
Lakshmi Machine Works Financials
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 970.65 | 1213.97 | -20.04% | 1303.04 | -25.51% |
| Selling/ General/ Admin Expenses Total | 95.03 | 103.28 | -7.99% | 98.85 | -3.87% |
| Depreciation/ Amortization | 26.57 | 23.34 | +13.84% | 21.73 | +22.27% |
| Total Operating Expense | 923.72 | 1119.45 | -17.48% | 1206.51 | -23.44% |
| Operating Income | 46.93 | 94.52 | -50.35% | 96.53 | -51.38% |
| Net Income Before Taxes | 87.13 | 125.27 | -30.45% | 144.39 | -39.66% |
| Net Income | 65.98 | 98.77 | -33.2% | 94.1 | -29.88% |
| Diluted Normalized EPS | 61.76 | 92.46 | -33.2% | 88.08 | -29.88% |
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