The Lakshmi Mills Company Limited: goes Into The Red In 2007-08 Due To Adverse Factors

摘要

The company is operating with around 1.43 lacs spindles, 504 Rotors and 114 looms in the three locations. Due to adverse market conditions and also due to the implementation of modernisation scheme in Palladam Unit, the spindleage has slightly come down during the year. The company could achieve a net sales of around Rs 100 crores during the year.