Laxmi Organic Q1 Net Profit Rises 175% YoY

Key Financial Figures - Standalone (₹ million)

Quarterly Performance Comparison

| Revenue From Operations | 9,577.28 | 7,233.31 | 6,719.09 | 28,085.32 |

| Other Income | 34.27 | 26.10 | 55.06 | 151.94 |

| Total Income | 9,611.55 | 7,259.41 | 6,774.15 | 28,237.26 |

| Cost of Raw Materials Consumed | 6,175.36 | 4,795.27 | 4,518.83 | 18,546.79 |

| Employee Benefits Expenses | 374.44 | 328.84 | 381.85 | 1,618.14 |

| Finance Cost | 41.98 | 45.80 | 47.59 | 216.36 |

| Depreciation and Amortisation | 213.28 | 188.13 | 167.65 | 750.98 |

| Profit Before Tax | 848.92 | 323.87 | 177.53 | 925.82 |

| Total Tax Expense | 215.97 | 98.67 | (52.17) | 133.24 |

| Profit After Tax | 632.95 | 225.20 | 229.70 | 792.58 |

| Total Comprehensive Income | 636.71 | 220.43 | 228.58 | 787.11 |

Earnings Per Share (Face Value ₹2)

Basic EPS: ₹2.28 (Q1 2026) vs ₹0.83 (Q1 2025)
Diluted EPS: ₹2.28 (Q1 2026) vs ₹0.82 (Q1 2025)

Key Financial Figures - Consolidated (₹ million)

Quarterly Performance Comparison

| Particulars | 30.06.2026 | 31.03.2026 | 30.06.2025 |

| Revenue From Operations | 9,683.38 | 7,353.10 | 6,929.30 |

| Other Income | 34.39 | 27.14 | 55.07 |

| Total Income | 9,717.77 | 7,380.24 | 6,984.37 |

| Profit Before Tax | 917.57 | 324.72 | 141.90 |

| Total Tax Expense | 240.41 | 109.21 | (72.01) |

| Profit After Tax | 677.16 | 215.51 | 213.91 |

| Total Comprehensive Income | 680.92 | 210.74 | 212.79 |

Earnings Per Share (Face Value ₹2)

Basic EPS: Not quantified in disclosure for Q1 2026
Diluted EPS: Not quantified in disclosure for Q1 2026

Tax Regime Change

The company exercised the option available under Section 200 of the Income-tax Act, 2025 (corresponding to Section 115BAA of the Income-tax Act, 1961) to compute income tax at the rate of 25.17% effective from the current financial year (2026-27). This represents a change from the previous quarter ended March 31, 2026, when the company operated under the old tax regime with an applicable tax rate of 34.94%. The tax expense for the current quarter is not comparable with previous periods due to this regime change, utilization of brought forward losses, and recognition of MAT credit in financial year 2025-26.

Labour Codes Impact

During the previous year ended March 31, 2026, the company recognized ₹38.02 million as statutory impact of the New Labour Codes towards additional gratuity liability and compensated absences. This was classified as past service cost due to the revised definition of wages under the Labour Codes and was shown under employee benefits expenses.

Share Capital Change

On April 3, 2026, the company allotted 63,694 equity shares of face value ₹2 each to option grantees. This increased the issued, subscribed and paid-up capital from ₹554.30 million (277,147,873 equity shares) to ₹554.42 million (277,211,567 equity shares).

Auditor Review

The financial results were subjected to limited review by the statutory auditors, Deloitte Haskins & Sells LLP. The review report states that nothing has come to their attention that causes them to believe that the financial results contain any material misstatement. The consolidated results include subsidiaries and associates, with some entities not reviewed by their auditors but considered not material to the group.