Revenues skyrocket at LMW in Q1

Today, the Coimbatore based, Lakshmi Machine Works Ltd (LMW), a reputed and the biggest textile machinery manufacturer 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.

Original Source: Fibre2fashion

Posted in: fibre2fashion,Lakshmi Machine Works,LMW,textile machinery manufacturer