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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 16.93 % in the past year, substantial increase in net sales/revenue by 3.73 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -14.15 %, Marginal decrease of -12.94% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Laxmi Organic Industries Limited. Notable increase of 76.42 % in net profit Year to Year, Laxmi Organic Industries Limited’s profitability dropped by -10.63 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 73.86 % Year to Year. EPS decreased by -8.93 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 636.442 Cr | Rs. 717.454 Cr | Rs. 744.182 Cr | + 3.73 % | + 16.93 % |
Expenses | Rs. 588.29 Cr | Rs. 635.5 Cr | Rs. 667.76 Cr | + 5.08 % | + 13.51 % |
Operating Profit | Rs. 48.15 Cr | Rs. 81.95 Cr | Rs. 76.42 Cr | -6.75 % | + 58.71 % |
OPM % | 7.57 % | 11.42 % | 10.27 % | -1.15 % | + 2.7 % |
Other Income | Rs. 12.323 Cr | Rs. 12.152 Cr | Rs. 10.579 Cr | -12.94 % | -14.15 % |
Interest | Rs. 4.08 Cr | Rs. 3.07 Cr | Rs. 3.08 Cr | + 0.33 % | -24.51 % |
Depreciation | Rs. 22.3 Cr | Rs. 20.75 Cr | Rs. 22.27 Cr | + 7.33 % | -0.13 % |
Profit before tax | Rs. 34.09 Cr | Rs. 70.28 Cr | Rs. 61.65 Cr | -12.28 % | + 80.84 % |
Tax % | 31.19 % | 34.11 % | 32.87 % | -1.24 % | + 1.68 % |
Net Profit | Rs. 23.46 Cr | Rs. 46.31 Cr | Rs. 41.39 Cr | -10.62 % | + 76.43 % |
EPS in Rs | Rs. 0.87 | Rs. 1.66 | Rs. 1.51 | -9.04 % | + 73.56 % |
Today, we’re looking at Laxmi Organic Industries Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 16.93 %. However, it did see a marginal increase of 3.73 % from the previous quarter. Expenses ticked up slightly by 5.08 % quarter-on-quarter, aligning with the annual rise of 13.51 %. Operating profit, while up 58.71 % compared to last year, faced a quarter-on-quarter dip of -6.75 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.7 %, but a shrinkage of -1.15 % sequentially. Other income fell by -12.94 % compared to the last quarter, despite an annual decline of -14.15 %. Interest expenses surged remarkably by 0.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -24.51 %. Depreciation costs climbed by 7.33 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -0.13 %. Profit before tax grew annually by 80.84 % but saw a reduction from the preceding quarter by -12.28 %.
Tax expenses as a percentage of profits increased slightly by 1.68 % compared to last year, with a more notable quarter-on-quarter decrease of -1.24 %. Net profit rose by 76.43 % year-on-year but witnessed a -10.62 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 73.56 % but a quarterly fall of -9.04 %. In summary, Laxmi Organic Industries Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 636.442 Cr | Rs. 717.454 Cr | Rs. 744.182 Cr | + 3.73 % | + 16.93 % |
Expenses | Rs. 588.29 Cr | Rs. 635.5 Cr | Rs. 667.76 Cr | + 5.08 % | + 13.51 % |
Operating Profit | Rs. 48.15 Cr | Rs. 81.95 Cr | Rs. 76.42 Cr | -6.75 % | + 58.71 % |
Net Profit | Rs. 23.46 Cr | Rs. 46.31 Cr | Rs. 41.39 Cr | -10.62 % | + 76.43 % |
EPS in Rs | Rs. 0.87 | Rs. 1.66 | Rs. 1.51 | -9.04 % | + 73.56 % |
In reviewing Laxmi Organic Industries Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.93 % year-on-year growth, however, there was a minor increase of 3.73 % from the previous quarter. Expenses rose by 13.51 % compared to the previous year, with a 5.08 % increase quarter-on-quarter. Operating Profit surged by 58.71 % annually, and saw a -6.75 % decrease from the last quarter.
Net Profit showed yearly increase of 76.43 %, and experienced a -10.62 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 73.56 % annually, however dipped by -9.04 % compared to the last quarter. In essence, while Laxmi Organic Industries Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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