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Laxmi Organic Inds. - Quaterly Results

12 May 2023 Evaluate
The sales is pegged at Rs. 7118.38 millions for the March 2023 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 8292.88 millions during the year-ago period.Net profit of the cmpany stood at Rs. 259.49 millions for the quarter ended March 2023 a decline of -33.24% from Rs. 388.67 millions  in the same quarter last year.OP of the company witnessed a marginal growth to 734.19 millions from 597.12 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 7118.38 8292.88 -14.16 26934.11 28817.16 -6.53 26934.11 28817.16 -6.53
Other Income 60.80 45.52 33.57 261.20 210.74 23.94 261.20 210.74 23.94
PBIDT 734.19 597.12 22.96 2723.47 3546.49 -23.21 2723.47 3546.49 -23.21
Interest 69.22 45.81 51.10 184.72 142.25 29.86 184.72 142.25 29.86
PBDT 664.97 551.31 20.62 2538.75 3404.24 -25.42 2538.75 3404.24 -25.42
Depreciation 222.00 128.42 72.87 704.60 468.29 50.46 704.60 468.29 50.46
PBT 442.97 422.89 4.75 1834.15 2935.95 -37.53 1834.15 2935.95 -37.53
TAX 183.48 34.22 436.18 486.76 539.82 -9.83 486.76 539.82 -9.83
Deferred Tax 33.97 -18.06 -288.10 118.83 35.84 231.56 118.83 35.84 231.56
PAT 259.49 388.67 -33.24 1347.39 2396.13 -43.77 1347.39 2396.13 -43.77
Equity 530.35 527.33 0.57 530.35 527.33 0.57 530.35 527.33 0.57
PBIDTM(%) 10.31 7.20 43.24 10.11 12.31 -17.84 10.11 12.31 -17.84
Peers
Company Name CMP
Godrej Industries 1127.00
SRF 2483.00
BASF India 3665.15
Pidilite Inds. 1567.45
Tata Chemicals 612.10
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