Lakshmi Machine Works Ltd posts consolidated Q3FY23 PAT higher at Rs. 112.99 crores

Lakshmi Machine Works Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 1254.0279 crores during the period ended December 31, 2022 as compared to Rs. 1254.5255 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 112.9944 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 104.3043 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 105.77 for the period ended December 31, 2022 as compared to Rs. 97.64 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹1254.0279 crs	₹1254.5255 crs	-0.04%
Net Profit	₹112.9944 crs	₹104.3043 crs	8.33%
EPS	₹105.77	₹97.64	8.33%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.1254.0279 crores during the period ended December 31, 2022 as compared to Rs.932.5111 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.112.9944 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.64.3690 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.105.77 for the period ended December 31, 2022 as compared to Rs.60.25 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹1254.0279 crs	₹932.5111 crs	34.48%
Net Profit	₹112.9944 crs	₹64.3690 crs	75.54%
EPS	₹105.77	₹60.25	75.55%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.3516.0617 crores during the 9 Months period ended December 31, 2022 as compared to Rs.2225.8835 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.289.9230 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.98.3217 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.271.39 for the 9 Months period ended December 31, 2022 as compared to Rs.92.04 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹3516.0617 crs	₹2225.8835 crs	57.96%
Net Profit	₹289.9230 crs	₹98.3217 crs	194.87%
EPS	₹271.39	₹92.04	194.86%

Shares of Lakshmi Machine Works Limited was last trading in BSE at Rs. 11400.60 as compared to the previous close of Rs. 11271.15. The total number of shares traded during the day was 543 in over 371 trades.

The stock hit an intraday high of Rs. 11798.40 and intraday low of 11125.05. The net turnover during the day was Rs. 6267192.00.

Source : Equity Bulls

Keywords

LMW Q3FY23 9MFY23 ResultUpdate LakshmiMachineWorks