Lokesh Machines Reports Mixed Financial Results Amidst Liquidity Improvement in December 2024
Lokesh Machines has released its financial results for the quarter ending December 2024, showcasing the highest cash reserves in recent periods. However, the company faces challenges with declining net sales, reduced profits, and a lower operating profit margin, alongside rising interest costs impacting its financial health.
Lokesh Machines, a microcap player in the engineering sector, has recently reported its financial results for the quarter ending December 2024. The evaluation changes reflect a notable shift in the company's financial standing, with the score experiencing a significant adjustment in its evaluation.The financial data reveals that Lokesh Machines has achieved its highest cash and cash equivalents in the last six half-yearly periods, amounting to Rs 8.78 crore, indicating an improvement in short-term liquidity. However, several key metrics indicate challenges for the company. Net sales for the quarter have shown a decline, recorded at Rs 51.79 crore, which is the lowest in the last five quarters and represents a substantial drop compared to the previous four-quarter average.
Profit Before Tax less Other Income (PBT) and Profit After Tax (PAT) have also reached their lowest points in the last five quarters, with PBT at Rs -6.48 crore and PAT at Rs -4.10 crore. Additionally, the operating profit margin has decreased to 1.89%, reflecting a decline in operational efficiency. The rising interest costs, now at Rs 11.31 crore, further highlight the company's increasing financial burdens.
In summary, Lokesh Machines is navigating a complex financial landscape, with both positive and negative indicators shaping its current evaluation.
Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
