Laxmi Organic Industries Approves Quarterly Results: Standalone Profit Stands at 1,300.43 Million

Laxmi Organic Industries Approves Quarterly Results: Standalone Profit Stands at 1,300.43 Million

Laxmi Organic Industries Approves Quarterly Results: Standalone Profit Stands at 1,300.43 Million​


Laxmi Organic Industries Limited has announced the approval of its Unaudited Standalone and Unaudited Consolidated Financial Results for the quarter ended June 30, 2026. The company's Board of Directors approved the results following a meeting held on July 29, 2026.

The financial reporting reflects performance across both the standalone entity and the consolidated group structure, with the Chief Operating Decision Maker evaluating the Company's performance as a single business segment: 'Chemical Business'.

Standalone Financial Performance Highlights (Quarter ended June 30, 2026)​

For the quarter ending June 30, 2026, Laxmi Organic Industries reported significant figures across its standalone operations. The company also noted that it had allotted 63,694 equity shares of face value Rs 2 each on April 3, 2026, which increased the issued and paid-up capital to 554.42 million (from 554.30 million).

Key financial metrics for the standalone entity for the quarter ending June 30, 2026, are summarized below:

MetricValue (Rupees in Million)
Income Revenue9,577.28
Expenses9,611.55
Profit before exceptional items and tax848.92
Total Tax Expense323.87
Profit after tax1,300.43

Consolidated Results Summary (Quarter ended June 30, 2026)​

The consolidated results show the performance of the Parent and its subsidiaries and associates for the quarter ending June 30, 2026. The Group also reported a similar share allotment of 63,694 equity shares of face value Rs 2 each on April 3, 2026, contributing to an increase in paid up share capital.

Consolidated performance metrics for the quarter ending June 30, 2026:

MetricValue (Rupees in Million)
Revenue From Operations9,683.38
Other Income34.39
Total income9,717.77
Total Expenses8,800.20
Profit before exceptional items and tax917.57
Total Tax Expense240.41
Profit after tax for the period677.16
Total Comprehensive Income for the period680.92

The results were prepared in accordance with Indian Accounting Standard 34 (Interim Financial Reporting). The reporting also included details regarding two subsidiaries whose interim financial information had not been reviewed by their auditors, and a reliance on the interim financial information of associated entities that did not require auditor review.

LXCHEM Stock Price Movement​

Today, shares of Laxmi Organic Industries Limited edged higher after the market closed, finishing up 3.98% at ₹200.51. The stock saw robust trading throughout the session, moving between an intraday low of ₹194 and a high of ₹203.80 while over 6.27 million shares were transacted.
 

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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