Categories AlphaGraphs, Earnings, Industrials

Laxmi Organic Industries Ltd Q4FY24; 83% rise in Profits

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 Q4FY24 of ₹792.00 Crores up from ₹730.00 Crore year on year, a rise of 8.49%.

Total Expenses for Q4FY24 of ₹732.00 Crores up from ₹694.00 Crores year on year, a rise of 5.48%.

Consolidated Net Profit of ₹44.00 Crores up 83.33% from ₹24.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.61, up 75.00% from ₹0.92 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.

Most Popular

Cochin Shipyard Ltd (COCHINSHIP) Q4 FY22 Earnings Concall Transcript

Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah

All you need to know about Antony Waste Handling Cell in one article

Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?

Demystifying the Leading Non-Ferrous Recycling Company of India

“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,