Muted Q3FY17; Healthy Balance Sheet Offers Strength to Grow:Lakshmi machine works has delivered a disappointing performance in Q3FY17 with double digit decline in revenue and EBITDA. The revenue/EBITDA/PAT have declined by 14.1%/28.4%/18.6% YoY. The company's EBITDA marginshave fallen by 191 bps YoY due to increase in operating expenditure.