Laxmi Organic Industries Ltd FY26 Results and CFO Appointment Announced

Laxmi Organic Industries Limited has reported its financial performance for the fiscal year ended March 31, 2026, alongside the announcement of a final dividend of ₹0.30 per equity share. The Board of Directors has also approved the appointment of Mr. Amit Jain as the new Chief Financial Officer, effective June 16, 2026, succeeding Mr. Harshvardhan Goenka, who served in an interim capacity.

Financial Highlights

For the financial year ended March 31, 2026, the company recorded consolidated revenue from operations of ₹28,466.67 million. The consolidated profit after tax for the same period stood at ₹793.62 million. The company’s board has recommended a final dividend of ₹0.30 per equity share (15% of the face value of ₹2) for the financial year 2025-26, subject to approval at the 37th Annual General Meeting.

Strategic Leadership Change

The company announced the appointment of Mr. Amit Jain as the new Chief Financial Officer and Key Managerial Personnel, effective June 16, 2026. Mr. Jain brings over three decades of experience in finance and business strategy. Concurrently, Mr. Harshvardhan Goenka, who held the responsibilities of Interim Chief Financial Officer, will step down from this role at the close of business on June 15, 2026.

Operational Updates

The 37th Annual General Meeting is scheduled to be held on August 5, 2026, via video conferencing. Additionally, the company has re-appointed M/s B. J. D. Nanabhoy & Company as the Cost Auditors for the financial year 2026-27. The record date for determining the eligibility of members for the proposed final dividend has been set for July 21, 2026.

Source: BSE

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