M Lakhamsi Industries Reports Mixed Q1 Results with Robust Revenue Growth and Improved Profitability
M Lakhamsi Industries Limited announced Q1 financial results, showing a 38.80% year-over-year increase in consolidated revenue to ₹3,059.15 crore. Consolidated profit before tax declined to ₹35.15 crore. Standalone performance improved with net profit after tax rising 48.01% to ₹13.04 crore, despite a 24.51% decrease in revenue. The company's EBITDA margin improved by 200 bps to 2.11%. Finance costs decreased, contributing to improved profitability. The Board approved these unaudited results on August 11, subject to limited review by statutory auditors.