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
  Laxmi Organic Industries consolidated net profit rises 24.53% in the September 2023 quarter
 ( Results - Announcements 27-Oct-23   07:34 )
  Board of Laxmi Organic Industries approves proposal to raise funds
 ( Corporate News - 05-May-22   09:51 )
  Laxmi Organic Industries to convene board meeting
 ( Corporate News - 18-Jul-24   16:43 )
  Board of Laxmi Organic Industries recommends final dividend
 ( Corporate News - 13-May-23   11:06 )
  Volumes soar at Pidilite Industries Ltd counter
 ( Hot Pursuit - 08-Aug-24   11:00 )
  Laxmi Organic Industries consolidated net profit declines 65.25% in the March 2023 quarter
 ( Results - Announcements 13-May-23   07:39 )
  Laxmi Organic Industries consolidated net profit declines 0.15% in the December 2023 quarter
 ( Results - Announcements 25-Jan-24   07:46 )
  Laxmi Organic Industries announces board meeting date
 ( Corporate News - 20-Jul-23   17:18 )
  Laxmi Organic Industries to hold AGM
 ( Corporate News - 27-May-21   13:45 )
  Board of Laxmi Organic Industries approves change in directorate and CEO
 ( Corporate News - 27-Feb-23   19:51 )
  Volumes spurt at PNB Housing Finance Ltd counter
 ( Hot Pursuit - 20-Jul-22   14:30 )
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