Laxmi Organic Industries Ltd Q3FY24; 6% rise in Revenue

Laxmi Organic Industries Limited was established in 1989 and is in the business of specialty chemicals. The Company primarily manufactures Ethyl Acetate, Acetic Acid and Diketene Derivative Products (DDP). DDP is a specialty chemical group, the technology and business of which has been acquired by the company from Clariant Chemicals India Limited.
The company’s business operations are carried in over 30 countries including 11 offices located in India

Financial Results:

Laxmi Organic Industries Ltd reported Revenues for Q3FY24 of ₹694.00 Crores up from ₹655.00 Crore year on year, a rise of 5.95%.

Total Expenses for Q3FY24 of ₹671.00 Crores up from ₹625.00 Crores year on year, a rise of 7.36%.

Consolidated Net Profit of ₹27.00 Crores from ₹27.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.99, down 3.88% from ₹1.03 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.