Lokesh Machines Ltd Share Price – NSE  /  BSE

Capital Goods-Non Electrical Equipment, Small Cap

Lokesh Machines has received an order worth Rs 4.26 crore from Northern Command, Indian Army, Department of Military Affairs, Ministry of Defence, Government of India for supply of submachines guns 9x19 mm Machine Pistol (ASMI) with accessories.

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Net profit of Lokesh Machines rose 58.45% to Rs 4.69 crore in the quarter ended March 2024 as against Rs 2.96 crore during the previous quarter ended March 2023. Sales rose 19.91% to Rs 80.34 crore in the quarter ended March 2024 as against Rs 67.00 crore during the previous quarter ended March 2023.

For the full year,net profit rose 43.23% to Rs 13.85 crore in the year ended March 2024 as against Rs 9.67 crore during the previous year ended March 2023. Sales rose 22.16% to Rs 293.54 crore in the year ended March 2024 as against Rs 240.30 crore during the previous year ended March 2023.

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Lokesh Machines will hold a meeting of the Board of Directors of the Company on 22 May 2024

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Net profit of Lokesh Machines rose 41.94% to Rs 5.11 crore in the quarter ended December 2023 as against Rs 3.60 crore during the previous quarter ended December 2022. Sales rose 37.46% to Rs 86.49 crore in the quarter ended December 2023 as against Rs 62.92 crore during the previous quarter ended December 2022.

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