Laxmi Organic Industries announced that India Ratings has upgraded the Company`s long-term bank loan rating to `IND AA` from `IND AA-` with a Stable Outlook while affirming the short-term bank loan rating at `IND A1+`.Powered by Capital Market - Live News

Laxmi Organic Industries announced that CRISIL has assigned its `CRISIL AA/Stable` rating to the Company`s bank facilities and `CRISIL A1+` rating to its commercial paper programme.Powered by Capital Market - Live News

Laxmi Organic Industries has allotted 3,42,201 equity shares under ESOP on 13 December 2024. After allotment of aforesaid equity shares, the share capital of the Company stands increased from Rs 55,33,63,224 to Rs 55,40,47,626.Powered by Capital Market - Live News

Net profit of Laxmi Organic Industries rose 162.28% to Rs 28.09 crore in the quarter ended September 2024 as against Rs 10.71 crore during the previous quarter ended September 2023. Sales rose 18.24% to Rs 771.25 crore in the quarter ended September 2024 as against Rs 652.27 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales771.25652.27 18 OPM %9.685.97 - PBDT73.7045.08 63 PBT46.2517.53 164 NP28.0910.71 162 Powered by Capital Market - Live News

Laxmi Organic Industries will hold a meeting of the Board of Directors of the Company on 29 October 2024.Powered by Capital Market - Live News