Lakshmi Electrical Control Systems: Revenue Jumps 11%, but Profit Plummets 65%

INDUSTRIAL-GOODS-AND-SERVICES
Whalesbook Corporate News Logo
AuthorIshaan Verma|Published at:
Lakshmi Electrical Control Systems: Revenue Jumps 11%, but Profit Plummets 65%
Overview

Lakshmi Electrical Control Systems reported a 11.30% jump in annual revenue to ₹242.47 Crores, but its profit saw a sharp 65.82% decline to ₹1.19 Crores. The company also recommended a ₹3.00 per share dividend. Increased expenses and rising debt are key concerns for investors.

Instant Stock Alerts on WhatsApp

Used by 10,000+ active investors

1

Add Stocks

Select the stocks you want to track in real time.

2

Get Alerts on WhatsApp

Receive instant updates directly to WhatsApp.

  • ✓Quarterly Results
  • ✓Concall Announcements
  • ✓New Orders & Big Deals
  • ✓Capex Announcements
  • ✓Bulk Deals
  • ✦And much more
Add StocksGet it on Google PlayDownload on the App Store

Lakshmi Electrical Control Systems Financials

Lakshmi Electrical Control Systems announced a significant increase in its annual revenue, which rose by 11.30% to ₹242.47 Crores. Despite this revenue growth, the company's profit experienced a sharp decline of 65.82%, falling to ₹1.19 Crores for the year.

The company's board recommended a dividend of ₹3.00 per share. Key factors contributing to the drop in profitability include rising operational expenses and an increase in the company's debt levels, which are becoming a notable concern for investors monitoring its financial health.

Get stock alerts instantly on WhatsApp

Quarterly results, bulk deals, concall updates and major announcements delivered in real time.

Add Stocks
Disclaimer:This content is for educational and informational purposes only and does not constitute investment, financial, or trading advice, nor a recommendation to buy or sell any securities. Readers should consult a SEBI-registered advisor before making investment decisions, as markets involve risk and past performance does not guarantee future results. The publisher and authors accept no liability for any losses. Some content may be AI-generated and may contain errors; accuracy and completeness are not guaranteed. Views expressed do not reflect the publication’s editorial stance.