Laxmi Organic Industries Redeems ₹50 Crore Commercial Paper on Schedule Aug 07, 2025
Laxmi Organic Industries Limited has redeemed its Commercial Paper worth ₹50 crores on August 7, 2025. The CP, issued on May 9, 2025, in favor of ICICI Bank Limited, was repaid on the scheduled maturity date. The company also allotted 81,368 equity shares under its ESOP-2020 plan, increasing its share capital. Upcoming analyst and investor meetings are scheduled for August 14, 2025, in Mumbai. The company confirmed no deviation in the utilization of QIP proceeds as per the latest Monitoring Agency Report.
Laxmi Organic Industries Reports 4% Revenue Decline in Q1 Amid Challenging Market Conditions Aug 02, 2025
Laxmi Organics Faces Potential Impact from Anti-Dumping Probe on Methyl Acetoacetate Imports Jun 30, 2025
More news about Laxmi Organic Industries
20May 25
Laxmi Organic Industries Reports Decline in Q4 Financial Performance
Laxmi Organic Industries' Q4 results show a substantial downturn across key financial metrics. Net profit dropped by 50.89% to ₹217.60 crore, while revenue decreased by 10.35% to ₹7,100.00 crore compared to the same period last year. EBITDA fell by 34.44% to ₹590.00 crore, and the EBITDA margin contracted by 3.05 percentage points to 8.31%. The company faces challenges in maintaining profitability and revenue growth.
07May 25
Laxmi Organics Industries Secures New Factory License for Dahej Facility
Laxmi Organics Industries has obtained a fresh factory license for its synthetic organic chemicals manufacturing facility in Dahej, Gujarat. This license allows the company to commence production operations, potentially expanding its capacity and strengthening its market position in the specialty chemicals sector. The new facility in Dahej, a prominent industrial hub, is expected to enhance the company's ability to meet market demand and possibly expand its product offerings.