Lakshmi Electrical Control Systems announced that the Board of Directors of the Company at its meeting held on 21 May 2018, inter alia, have recommended the final dividend of Rs 10 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

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Lakshmi Electrical Control Systems announced that the Annual General Meeting (AGM) of the company will be held on 8 August 2018.

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Net profit of Lakshmi Electrical Control Systems rose 283.70% to Rs 5.18 crore in the quarter ended March 2018 as against Rs 1.35 crore during the previous quarter ended March 2017. Sales rose 32.10% to Rs 60.29 crore in the quarter ended March 2018 as against Rs 45.64 crore during the previous quarter ended March 2017.

For the full year,net profit rose 33.41% to Rs 11.74 crore in the year ended March 2018 as against Rs 8.80 crore during the previous year ended March 2017. Sales rose 17.53% to Rs 188.50 crore in the year ended March 2018 as against Rs 160.39 crore during the previous year ended March 2017.

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Lakshmi Electrical Control System will hold a meeting of the Board of Directors of the Company on 21 May 2018, inter alia to consider and take on record the Audited Financial Results of the Company for the year/quarter ended March 31, 2018 and to consider recommendation of dividend, if any, for the year ended March 31, 2018.

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