Hot Pursuit     27-Oct-23
Laxmi Organic gains as PAT rises by 25% YoY in Q2 FY24
Laxmi Organic Industries rose 1.31% to Rs 255 after specialty chemical maker's consolidated net profit increased 24.5% to Rs 10.71 crore in Q2 FY24 as against Rs 8.60 crore in Q2 FY23.
Revenue from operations rose marginally to Rs 652.27 crore in the September 2023 quarter from Rs 652.20 crore reported in Q2 FY23.

Profit before tax surged 73.1% to Rs 17.53 crore in Q2 FY24 crore registered in 10.13 crore in Q2 FY23.

EBITDA jumped 50% to Rs 47.1 crore in Q2 FY24 from Rs 31.5 crore posted in Q2 FY23. EBITDA margin advanced to 7% as compared with 5% reported in the corresponding quarter previous year.

Laxmi Organic Industries is a leading manufacturer of acetyl intermediates and specialty intermediates with almost three decades of experience in large scale manufacturing of chemicals.

Previous News
  Volumes jump at Laxmi Organic Industries Ltd counter
 ( Hot Pursuit - 11-Oct-23   14:30 )
  Volumes spurt at Laxmi Organic Industries Ltd counter
 ( Hot Pursuit - 22-Mar-24   14:30 )
  Mishra Dhatu Nigam Ltd leads gainers in 'A' group
 ( Hot Pursuit - 11-Oct-23   12:00 )
  Laxmi Organic Industries schedules board meeting
 ( Corporate News - 04-May-23   16:44 )
  Laxmi Organic Industries allots 4 lakh equity shares under ESOP
 ( Corporate News - 06-Jun-23   16:14 )
  Volumes spurt at Radico Khaitan Ltd counter
 ( Hot Pursuit - 11-Oct-23   11:00 )
  Laxmi Organic Industries to conduct board meeting
 ( Corporate News - 20-Oct-22   11:24 )
  Laxmi Organic jumps on completing Rs 259-cr QIP issue
 ( Hot Pursuit - 11-Oct-23   10:06 )
  Laxmi Organic Industries consolidated net profit rises 379.30% in the June 2021 quarter
 ( Results - Announcements 10-Aug-21   07:52 )
  Laxmi Organic Industries update on purchase of land from Welspun Corp
 ( Corporate News - 19-Jan-23   17:40 )
  Laxmi Organic Industries announces dissolution of subsidiary in Dubai
 ( Corporate News - 04-Jan-23   15:58 )
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