Announced Tue, 20 May · 21:56 IST

Laxmi Organic Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.

Results RestatedResults View source PDF

LXCHEM · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Laxmi Organic Industries reported FY25 (ended March 31, 2025) audited results with standalone revenue from operations rising about 4.3% to ₹2,944.6 crore, while standalone profit after tax fell roughly 7.3% to ₹118.0 crore (EPS ₹4.27 vs ₹4.71). On a consolidated basis, revenue grew about 4.2% to ₹2,985.4 crore but PAT declined around 5.8% to ₹113.5 crore, reflecting higher depreciation and finance costs. The board recommended a final dividend of ₹0.50 per share (25% of the ₹2 face value) and approved the 36th AGM for July 31, 2025. The wholly-owned subsidiary Yellowstone Fine Chemicals (YFCPL) merged with the company effective March 30, 2025 under the pooling-of-interest method, so prior period figures have been restated. The statutory auditor Deloitte Haskins & Sells LLP issued an unmodified opinion on both standalone and consolidated results.

Likely market impact

Modest top-line growth was offset by higher depreciation and finance costs, leading to a decline in profits, which is mildly negative for the stock. Investors should note that year-on-year comparisons are not like-for-like due to the YFCPL merger restatement; the dividend and integration of YFCPL's assets are positive for long-term shareholders.