Lakshmi Machine Works Ltd Q4 FY2023 consolidated net profit slips QoQ to Rs. 94.09 crores

Lakshmi Machine Works Limited has reported Consolidated financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 1350.9079 crores during the period ended March 31, 2023 as compared to Rs. 1254.0279 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 94.0961 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 112.9944 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 88.08 for the period ended March 31, 2023 as compared to Rs. 105.77 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹1350.9079 crs	₹1254.0279 crs	7.73%
Net Profit	₹94.0961 crs	₹112.9944 crs	-16.72%
EPS	₹88.08	₹105.77	-16.72%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.1350.9079 crores during the period ended March 31, 2023 as compared to Rs.1013.4081 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.94.0961 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.82.7281 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.88.08 for the period ended March 31, 2023 as compared to Rs.77.44 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹1350.9079 crs	₹1013.4081 crs	33.30%
Net Profit	₹94.0961 crs	₹82.7281 crs	13.74%
EPS	₹88.08	₹77.44	13.74%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.4866.9696 crores during the Financial Year ended March 31, 2023 as compared to Rs.3239.2916 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.384.0190 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.181.0499 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.359.47 for the Financial Year ended March 31, 2023 as compared to Rs.169.47 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹4866.9696 crs	₹3239.2916 crs	50.25%
Net Profit	₹384.0190 crs	₹181.0499 crs	112.11%
EPS	₹359.47	₹169.47	112.11%

Asset Quality:

Asset Quality	Q4 FY2023	Q3 FY2023	Q4 FY2022
Gross NPA	₹ crs	₹ crs	₹ crs
Gross NPA %	%	%	%
Net NPA	₹ crs	₹ crs	₹ crs
Net NPA %	%	%	%

Gross NPA was at ₹ crs in Q4 FY2023 against ₹ crs in Q4 FY2022. The same was at ₹ crs in Q3 FY2023.

Net NPA was at ₹ crs in Q4 FY2023 against ₹ crs in Q4 FY2022. The same was at ₹ crs in Q3 FY2023.

GNPA was at % of Gross advances as on March 31, 2023 as compared to % as on March 31, 2022 and % as of December 31, 2022.

Net NPA was at % of Gross advances as on March 31, 2023 as compared to % as on March 31, 2022 and % as of December 31, 2022.

Ratios	Q4 FY2023	Q3 FY2023	Q4 FY2022
RoA %	%	%	%
CAR (BASEL III) %	%	%	%

Return on Average Assets (RoA) is at % for Q4 FY2023 against % in Q3 FY2023 and % in Q4 FY2022.

In Q4 FY2023, Bank's total Capital Adequacy Ratio (CAR) was at %, as compared to % in Q3 FY2023 and % in Q4 FY2022.

Shares of Lakshmi Machine Works Limited was last trading in BSE at Rs. 11220.50 as compared to the previous close of Rs. 11387.85. The total number of shares traded during the day was 286 in over 178 trades.

The stock hit an intraday high of Rs. 11468.95 and intraday low of 11159.95. The net turnover during the day was Rs. 3231985.00.

Source : Equity Bulls

Keywords

LakshmiMachineWorks Q4FY23 FY2023 ResultUpdate LMW