Laxmi Organic Industries' Q2 FY 2025-26 Quarterly Results

Result Summary

• Laxmi Organic Industries Ltd reported a 0.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 9.5%.
• Its expenses for the quarter were up by 0.6% QoQ and down 5.9% YoY.
• The net profit decreased 48.5% QoQ and decreased 60.8% YoY.
• The earnings per share (EPS) of Laxmi Organic Industries Ltd stood at 0.4 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Laxmi Organic Industries Ltd is a prominent player in the specialty chemicals industry. The company is known for manufacturing and supplying acetyl intermediates and specialty intermediates, which are used across diverse industries such as pharmaceuticals, agrochemicals, food processing, paints and coatings, and dyes and pigments. As of now, there are no major recent developments available regarding the company. This analysis will focus on the provided financial metrics to assess the company's quarterly financial performance.

Revenue

For the quarter ending Q2FY26, Laxmi Organic Industries Ltd reported a total income of ₹703.68 crores. This represents a slight increase of 0.8% compared to the previous quarter, Q1FY26, where the total income was ₹698.44 crores. However, when compared to the same quarter in the previous fiscal year, Q2FY25, there is a noticeable decrease of 9.5% from ₹777.91 crores. This year-over-year decline indicates a reduction in revenue generation during the same period from the previous year.

Profitability

The company recorded a profit before tax of ₹15.50 crores in Q2FY26, which is a 9.2% increase from Q1FY26's profit before tax of ₹14.19 crores. Despite this quarter-over-quarter improvement, the profit before tax has decreased significantly by 66.5% when compared to Q2FY25, where it stood at ₹46.25 crores. The tax expenses for Q2FY26 were ₹4.48 crores, contrasting with a tax rebate of ₹7.20 crores in Q1FY26, leading to a profit after tax of ₹11.02 crores. This figure is a substantial drop of 48.5% compared to the previous quarter and a 60.8% decrease from the profit after tax of ₹28.09 crores in Q2FY25. The earnings per share for Q2FY26 were ₹0.40, which also declined by 47.4% quarter-over-quarter and by 60.0% year-over-year.

Operating Metrics

The total expenses for Q2FY26 amounted to ₹688.19 crores, reflecting a minor increase of 0.6% from the previous quarter's total expenses of ₹684.25 crores. Compared to Q2FY25, where total expenses were ₹731.66 crores, there has been a decrease of 5.9%. This suggests a trend of reduced expenditure over the year. These changes in expense levels are crucial for assessing the financial health and operational efficiency of Laxmi Organic Industries Ltd.