The profit of Laxmi Dental fell by more than 40 percent in the fourth quarter, the spending also increased

Mumbai, May 27 (IANS). The results of the fourth quarter of FY 25 were released by Laxmi Dental on Tuesday. The company’s profit in the January March period reduced by about 44 percent to Rs 4.2 crore annually, which was Rs 7.7 crore in the same period last year. The company said in the stock exchange that there was a 12.5 percent reduction of the company’s profits quarterly. The profit of Laxmi Dental was at Rs 4.8 crore in the December quarter of FY 25. The reason for the falling profits is believed to be an increase in expenses. The total expenses of the company were Rs 56.69 crore in the March 10 FY, which is 18 percent more than Rs 48.02 crore in the same period of the previous financial year. On a quarterly basis, the company’s spending was reduced by about 1.5 percent, which was at Rs 57.53 crore in the December quarter. The company’s total revenue in the March quarter of FY 25 was Rs 62.29 crore. In this, the total revenue of the same period of FY 24 with Rs 12.53 percent increased against Rs 55.35 crore. However, the total revenue on a quarterly basis was almost the same. The total revenue of the company in the December quarter was Rs 62.24 crore. The profit of Lakshmi Dental for the entire FY 25 was Rs 31.83 crore, which is 26 percent more than Rs 25.22 crore for FY 24. During this period, the total revenue of the company also rose from Rs 195 crore to Rs 242 crore. At the same time, the total expenses of the company in FY 25 increased by 16 percent to Rs 217 crore annually, which was Rs 186 crore in FY 24. Laxmi Dental Limited is an integrated dental product business. It was founded in 2004. The company has a broad portfolio of dental products. -Ians ABS/ Share This Story Tags