Laxmi Organic Industries Management Change
Laxmi Organic Industries announced the resignation of Dr. Rajan Venkatesh as MD & CEO and the appointment of Mr. Harshvardhan Goenka as his successor, effective November 2026.
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Laxmi Organic Industries announced the resignation of Dr. Rajan Venkatesh as MD & CEO and the appointment of Mr. Harshvardhan Goenka as his successor, effective November 2026.
Laxmi Organic reported strong Q1 FY27 results with 40% YoY revenue growth to INR 9,683 Mn and 216% PAT growth. Margin expansion was driven by volume, pricing, and operating leverage.
Laxmi Organic Industries Ltd reported revenue from operations of ₹968.3 Cr (+39.7% YoY) and net profit of ₹67.7 Cr (+216.4% YoY) for Q1 FY27.
Laxmi Organic Q4FY26 revenue grew 9% sequentially with margin improvements, despite a 6% YoY revenue decline for full-year FY26 due to deflationary pressures and feedstock volatility.
Laxmi Organic reported Q4 FY26 revenue growth of 9% QoQ, driven by Essentials and Specialties. However, full-year FY26 revenue degrew by 6% YoY due to deflationary feedstock environments.
Laxmi Organic reported FY26 revenue of ₹28,467 Mn, down 5% YoY, with PAT of ₹794 Mn. Management is shifting toward a customer-centric strategy and scaling brownfield sites.
Laxmi Organic Industries Ltd reported revenue from operations of ₹735.3 Cr (+3.6% YoY) and net profit of ₹21.6 Cr (-0.9% YoY) for Q4 FY26.