Laxmi Organic Industries Q1 Results Live : profit falls by 10.38% YOY
Laxmi Organic Industries Q1 Results Live : Revenue decreased by 2.1% YoY & profit decreased by 10.38% YoY
Laxmi Organic Industries Q1 Results Live : Laxmi Organic Industries declared their Q1 results on 26 Jul, 2024. The topline decreased by 2.1% & the profit decreased by 10.38% YoY. As compared to the previous quarter the revenue declined by 9.33% and the profit decreased by 22.47%.
The Selling, general & administrative expenses declined by 10.91% q-o-q & increased by 11.66% Y-o-Y.
The operating income was down by 23.77% q-o-q & decreased by 19.61% Y-o-Y.
The EPS is ₹1.23 for Q1 which decreased by 14.58% Y-o-Y.
Laxmi Organic Industries has delivered 4.39% return in the last 1 week, 0.41% return in the last 6 months and -6.27% YTD return.
Currently, Laxmi Organic Industries has a market cap of ₹7525.31 Cr and 52wk high/low of ₹320.95 & ₹220 respectively.
As of 27 Jul, 2024, out of 3 analysts covering the company, 1 analyst has given Strong Sell rating, 1 analyst has given Sell rating & 1 analyst has given Hold rating.
The consensus recommendation as on 27 Jul, 2024 was to Sell.
Laxmi Organic Industries Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 718.17 | 792.06 | -9.33% | 733.58 | -2.1% |
| Selling/ General/ Admin Expenses Total | 38.7 | 43.44 | -10.91% | 34.66 | +11.66% |
| Depreciation/ Amortization | 25.87 | 30.55 | -15.32% | 20.96 | +23.44% |
| Total Operating Expense | 672.84 | 732.6 | -8.16% | 677.2 | -0.64% |
| Operating Income | 45.32 | 59.46 | -23.77% | 56.38 | -19.61% |
| Net Income Before Taxes | 53.98 | 67.99 | -20.6% | 55.73 | -3.14% |
| Net Income | 34.35 | 44.3 | -22.47% | 38.33 | -10.38% |
| Diluted Normalized EPS | 1.23 | 1.62 | -24.07% | 1.44 | -14.58% |
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