Lakshmi Energy and Foods

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Lakshmi Energy and Foods is one of the top-most manufacturers of wheat and rice that make use of technologically advanced processing plants. The company is headed by Mr. Balbir Singh Uppal who is the chairman and managing director.

Lakshmi Energy and Foods Ltd. was earlier named Lakshmi Overseas Industries. The company has in recent years, diversified into the sectors such as cattle feed, edible refined oil, and de-oiled cakes. Company Lakshmi Energy and Foods plans to enter into the sector of power generation by establishing a bio-mass wheat and husk straw based power plant with a production capacity of 105MW. Lakshmi Energy and Foods chiefly produces the varieties of non-basmati rice for 2 main reasons. Firstly, non-basmati rice is cheap and so it can be easily afforded by the masses, and secondly, the leaves which are available in large quantities are utilized as by-products and are used by the company to undertake downstream processing.

Lakshmi Energy and Foods uses the straw and husk for the generation of power. The company is in the way of implementing the ERP solution. Lakshmi Energy and Foods Company processes the biggest amount of food stock in a single location. The company's production plant also has the rare distinction of being a pollution-free plant.

The gross profit of Lakshmi Energy and Foods Ltd. amounted to ` 251.48 million in 2005-2006 and the next year this figure increased to ` 320.54 million. The total income of the company amounted to ` 1641.78 million in 2005-2006 which increased to ` 1935.58 million in 2006-2007. This shows that Lakshmi Energy and Foods has registered a growth in its total income as well as in its profit levels.

Lakshmi Energy and Foods has become one of the leading companies in the food grain-processing sector in India. All this has been possible due to the fact that the company has strictly maintained the quality of its products. The company is driven by a core philosophy of striving to understand and cater to customers' needs and requirements. Lakshmi Energy and Foods believes in forging enduring bonds with its customers and so it aims at the highest levels of customer-care.

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Last Updated on 06th June 2011

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