Veejay Lakshmi Engineering Works
47.80
-0.20(-0.42%)
Market Cap₹24.20 Cr
PE Ratio-5.17
Company Performance:
1D-0.42%
1M+8.14%
6M-23.05%
1Y-30.67%
5Y+77.04%
View Company Insightsright
More news about Veejay Lakshmi Engineering Works
16Aug 25
Veejay Lakshmi Engineering Works Reports Rs 331.48 Crore Loss in FY2025
Veejay Lakshmi Engineering Works Limited reported a net loss of Rs 331.48 crore for FY2024-25, an improvement from the previous year's loss of Rs 455.54 crore. Sales turnover declined to Rs 7,964.93 crore from Rs 8,709.10 crore. The engineering division faced sluggish demand, selling only 35 twisting machines compared to 63 in the previous year, but saw increased spare parts sales. The textile division experienced margin pressures due to lower yarn prices. The company attributes the reduced loss to better price realization in machine sales and increased spares sales in the engineering division, as well as reduced cotton prices in the textile division.
 no imag found
07Aug 25
Vijay Lakshmi Engineering Works Reports 14.7% Revenue Growth in Q1
Veejay Lakshmi Engineering Works Limited (VLEW) reported a 14.7% increase in total revenue from operations, reaching Rs 2052.09 lakhs in Q1. Net profit after tax rose by 4.8% to Rs 471.31 lakhs, with EPS improving to Rs 9.30. The Textile Division was the primary revenue generator, contributing Rs 1500.94 lakhs, while the Engineering Division generated Rs 551.15 lakhs. The company's consolidated results, including its associate Veejay Sales and Services Limited, also showed positive performance.
 no imag found
29Jul 25
Veejay Lakshmi Engineering Works CFO and Director D. Ranganathan Resigns Citing Health Reasons
D. Ranganathan, Director and CFO of Veejay Lakshmi Engineering Works Limited, has resigned effective June 23, 2025, citing health reasons. Ranganathan, 72, served the company for over 15 years, holding key positions in the Audit, Stakeholders Relationship, and Finance Committees. The Board of Directors accepted his resignation in a meeting on July 19, 2025, expressing appreciation for his long-standing service. Ranganathan's resignation letter was submitted on July 11, 2025, after a brief period of consideration following management's request to defer his decision.
 no imag found
1 Year Returns:-30.67%
Industry Peers
Honeywell Automation
31,375.00
(-1.54%)
Kaynes Technology India
3,942.50
(-3.53%)
Jyoti CNC Automation
827.60
(-2.90%)
Aditya Infotech
1,573.30
(+1.75%)
Syrma SGS
872.80
(-0.16%)
LMW
15,177.00
(-1.55%)
Tega Industries
1,638.00
(-7.39%)
Dynamatic Technologies
9,446.50
(-2.64%)