{"id":146169,"date":"2023-05-15T08:19:11","date_gmt":"2023-05-15T12:19:11","guid":{"rendered":"https:\/\/44.250.171.167\/?p=146169"},"modified":"2023-05-15T08:19:13","modified_gmt":"2023-05-15T12:19:13","slug":"laxmi-organic-ind-q4fy23-earnings-story","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/laxmi-organic-ind-q4fy23-earnings-story\/","title":{"rendered":"Laxmi Organic Ind. Q4FY23 Earnings Story"},"content":{"rendered":"\n<p>Since its founding in 1989, Laxmi Organic Industries Limited has been engaged in the production of specialised chemicals. Ethyl acetate, acetic acid, and diketene derivative products (DDP) are the company&#8217;s main product lines. The firm has purchased the technology and operations of DDP, a speciality chemical division, from Clariant Chemicals India Limited.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<br><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>Laxmi Organic Industries Ltd. reported Total Income for Q4FY23 of \u20b9 737 Crores up from \u20b9 882 Crore year on year, a fall of 16%.<br><br><\/li><li>Total Expenses for Q4FY23 of \u20b9 694 Crores down from \u20b9 813 Crores year on year, fall of 15%.<br><br>\u00a0<\/li><li>Consolidated Net Profit of \u20b9 24 Crores, down 51% from \u20b9 70 Crores in the same quarter of the previous year.<br><br>\u00a0<\/li><li>The Earnings per Share is \u20b9 0.92, down 66% from \u20b9 2.65 in the same quarter of the previous year.<\/li><\/ul>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/image-33.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"315\" height=\"422\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/image-33.png\" alt=\"\" class=\"wp-image-146172\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/image-33.png 315w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/image-33-224x300.png 224w\" sizes=\"auto, (max-width: 315px) 100vw, 315px\" \/><\/a><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Since its founding in 1989, Laxmi Organic Industries Limited has been engaged in the production of specialised chemicals. Ethyl acetate, acetic acid, and diketene derivative products (DDP) are the company&#8217;s main product lines. The firm has purchased the technology and operations of DDP, a speciality chemical division, from Clariant Chemicals India Limited. Financial Results: Laxmi [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":134978,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,5753],"tags":[9019],"class_list":["post-146169","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-industrials","tag-specialty-chemicals"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/science-lab_evotec_-Macrovector.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":150466,"url":"https:\/\/alphastreet.com\/india\/laxmi-organic-industries-ltd-q1fy24-41-fall-in-profits\/","url_meta":{"origin":146169,"position":0},"title":"Laxmi Organic Industries Ltd Q1FY24; 41% fall in Profits","author":"Karan_Singh","date":"July 28, 2023","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-393.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-393.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-393.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-393.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-393.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-393.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155699,"url":"https:\/\/alphastreet.com\/india\/laxmi-organic-industries-ltd-q2fy24-22-rise-in-profits\/","url_meta":{"origin":146169,"position":1},"title":"Laxmi Organic Industries Ltd Q2FY24; 22% rise in Profits","author":"Hardik Bhandare","date":"November 2, 2023","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-35.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-35.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-35.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-35.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-35.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-35.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":162048,"url":"https:\/\/alphastreet.com\/india\/laxmi-organic-industries-ltd-q4fy24-83-rise-in-profits\/","url_meta":{"origin":146169,"position":2},"title":"Laxmi Organic Industries Ltd Q4FY24; 83% rise in Profits","author":"Chirag Gupta","date":"June 7, 2024","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-92.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-92.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-92.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-92.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-92.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-92.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":159018,"url":"https:\/\/alphastreet.com\/india\/laxmi-organic-industries-ltd-q3fy24-6-rise-in-revenue\/","url_meta":{"origin":146169,"position":3},"title":"Laxmi Organic Industries Ltd Q3FY24; 6% rise in Revenue","author":"Chirag Gupta","date":"February 21, 2024","format":false,"excerpt":"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). 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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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Laxmi Organic Industries Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":146185,"url":"https:\/\/alphastreet.com\/india\/neogen-chemicals-q4fy23-earnings-story\/","url_meta":{"origin":146169,"position":5},"title":"Neogen Chemicals Q4FY23 Earnings Story","author":"Karan_Singh","date":"May 15, 2023","format":false,"excerpt":"Neogen Chemicals Ltd., founded in 1991, produces organic and organometallic compounds based on bromine and lithium that are utilised in the engineering, agricultural chemicals, and pharmaceutical sectors. Financial Results: Neogen Chemicals Limited reported Total Income for Q4FY23 of \u20b9 204 Crores up from \u20b9 157 Crore year on year, a\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Galaxy.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Galaxy.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Galaxy.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Galaxy.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/146169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=146169"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/146169\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/134978"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=146169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=146169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=146169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}