The result was announced after market hours on Friday, 25 January 2013.

Meanwhile, the BSE Sensex was up 35.78 points, or 0.18%, to 20,139.31.

On BSE, 1.55 lakh shares were traded in the counter as against an average daily volume of 6,143 shares in the past one quarter.

The stock hit a high of Rs 2,195 and a low of Rs 2,119.35 so far during the day. The stock had hit a 52-week high of Rs 2,330 on 9 January 2013. The stock had hit a 52-week low of Rs 1,497.80 on 24 May 2012.

The stock had underperformed the market over the past one month till 25 January 2013, rising 0.42% compared with the Sensex's 4.41% rise. The scrip had, however, outperformed the market in past one quarter, rising 8.57% as against Sensex's 7.17% rise.

The small-cap company has an equity capital of Rs 11.27 crore. Face value per share is Rs 10.

Meanwhile, Lakshmi Machine Works announced during trading hours today, 28 January 2013, that its board accepted the nomination of V. Sathyakumar, as Director by LIC on the board of the company with effect from 25 January 2013, in place of Basavaraju, the present nominee Director of LIC whose resignation was accepted effective from 24 January 2013. Further the company informed that its board appointed Basavaraju, as Additional Director on the company's board with effect from 25 January 2013.

Lakshmi Machine Works is a leading textile machinery manufacturer in India and one among the three in the world to produce the entire range of spinning machinery. It caters to the domestic market as well as exports the products to Asian and Oceanic regions.