Laxmi Organic Industries Ltd reported its financial results for the quarter and year ended March 31, 2026. The Board has recommended a final dividend of ₹0.30 per equity share (15% of face value) for FY2025-26. Additionally, the company announced the appointment of Mr. Amit Jain as the new Chief Financial Officer, effective June 16, 2026, following the conclusion of Mr. Harshvardhan Goenka’s tenure as Interim CFO.
Financial Performance Overview
For the quarter ended March 31, 2026, Laxmi Organic Industries reported revenue from operations of ₹7,233.31 million on a standalone basis, with a net profit of ₹225.20 million. For the full fiscal year 2025-26, the company achieved a standalone revenue of ₹28,085.32 million and a total profit after tax of ₹792.58 million. The company has maintained an unmodified opinion from its statutory auditors regarding these financial results.
Dividend Recommendation
The Board of Directors has recommended a final dividend of ₹0.30 per equity share (face value of ₹2 per share) for the financial year 2025-26. The payment of this dividend is subject to approval by shareholders at the company’s 37th Annual General Meeting, which is scheduled for August 5, 2026. The company has set July 21, 2026, as the record date to determine member eligibility.
Leadership Transition
Laxmi Organic has announced a change in its key financial leadership. Mr. Amit Jain has been appointed as the new Chief Financial Officer and Key Managerial Personnel, with his tenure commencing on June 16, 2026. He brings over three decades of professional experience to the organization. Current Interim CFO Mr. Harshvardhan Goenka will step down from his additional financial responsibilities at the close of business on June 15, 2026, while continuing in his role as an Executive Director.
Operational Updates
The company also confirmed the re-appointment of M/s B. J. D. Nanabhoy & Company as Cost Auditors for the financial year 2026-27. The upcoming Annual General Meeting will be conducted via Video Conferencing / Other Audio-Visual Means, ensuring accessibility for all shareholders.
Source: BSE