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Laxmi Organic Industries consolidated net profit rises 261.95% in the March 2021 quarter

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Capital Market

Sales rise 34.41% to Rs 519.52 crore

Net profit of Laxmi Organic Industries rose 261.95% to Rs 36.34 crore in the quarter ended March 2021 as against Rs 10.04 crore during the previous quarter ended March 2020. Sales rose 34.41% to Rs 519.52 crore in the quarter ended March 2021 as against Rs 386.51 crore during the previous quarter ended March 2020.

For the full year,net profit rose 81.21% to Rs 127.03 crore in the year ended March 2021 as against Rs 70.10 crore during the previous year ended March 2020. Sales rose 15.27% to Rs 1768.45 crore in the year ended March 2021 as against Rs 1534.12 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales519.52386.51 34 1768.451534.12 15 OPM %12.265.07 -12.257.40 - PBDT60.3516.78 260 204.93104.03 97 PBT48.733.42 1325 158.4155.14 187 NP36.3410.04 262 127.0370.10 81

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First Published: May 26 2021 | 7:39 AM IST

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