Financial Daily from THE HINDU group of publications
Thursday, Jul 22, 2004
Financial Daily from THE HINDU group of publications Thursday, Jul 22, 2004 |
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Corporate Results
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Textiles Lakshmi Mills posts Rs 36-cr sales in Q1 Our Bureau
Coimbatore , July 21 LAKSHMI Mills Company Ltd has registered a 38 per cent rise in its sale income during the first quarter ended June 30. Its net sales during the period went up to Rs 36.28 crore as compared to Rs 26.23 crore the same period in 2003. The net profit stood at Rs 17.18 lakh (net loss of Rs 2.98 crore). Its other income was higher at Rs 2.21 crore (Rs 1.10 crore). Raw material consumption during the quarter stood higher at Rs 19.20 crore (Rs 11.23 crore). Expenditures on staff and fuel costs went up to Rs 6.47 crore (Rs 5.53 crore ) and Rs 6.35 crore (Rs 4.91 crore) respectively. Its interest and depreciation stood pruned to Rs 1.29 crore (Rs 1.5 crore) and Rs 1.20 crore (Rs 1.45 crore) respectively.
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