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Laxmi Organic Industries Q2 PAT seen up 274.9% YoY to Rs. 54.6 cr: Prabhudas Lilladher

Net Sales are expected to increase by 21.3 percent Y-o-Y (down 2.5 percent Q-o-Q) to Rs. 737.7 crore, according to Prabhudas Lilladher.

October 11, 2022 / 11:41 AM IST
Laxmi Organic Industries: Laxmi Organic Industries resumes operations at Mahad plant in Maharashtra. The company has resumed its operations at its Mahad plant in Maharashtra. It will continue to increase the capacity utilisation in next few weeks. The plant was shut down for 21 days to undertake maintenance activities.

Laxmi Organic Industries: Laxmi Organic Industries resumes operations at Mahad plant in Maharashtra. The company has resumed its operations at its Mahad plant in Maharashtra. It will continue to increase the capacity utilisation in next few weeks. The plant was shut down for 21 days to undertake maintenance activities.

 
 
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Prabhudas Lilladher has come out with its second quarter (July-September’ 22) earnings estimates for the Chemicals sector. The brokerage house expects Laxmi Organic Industries to report net profit at Rs. 54.6 crore up 274.9% year-on-year (down 15.8% quarter-on-quarter).

Net Sales are expected to increase by 21.3 percent Y-o-Y (down 2.5 percent Q-o-Q) to Rs. 737.7 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 188.4 percent Y-o-Y (down 12.3 percent Q-o-Q) to Rs. 89.1 crore.

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