Lactose India Q2 Results Total Revenue Rises to ₹30.45 Crores

Lactose India Q2 Results: Lactose India's Q2 financial results show important information about the company's performance for the period ending September 2024. The total revenue for this quarter is ₹30.45 crores, which is higher than the previous quarter's revenue of ₹27.47 crores and also up from ₹24.43 crores in the same quarter last year. This means the company is earning more money compared to both the last quarter and the same quarter of the previous year.

Lactose India’s total operating expenses, which include costs like selling, general, and administrative expenses, are ₹26.77 crores, an increase from ₹24.89 crores in the previous quarter and ₹22.23 crores year-over-year. Despite this rise in expenses, Lactose India managed to achieve an operating income of ₹3.68 crores, which is better than ₹2.58 crores last quarter and ₹2.20 crores last year.

Lactose India’s Net income, or the profit after all expenses, reached ₹2.03 crores, up from ₹0.96 crores in the previous quarter and ₹0.81 crores in the same quarter last year. The diluted normalized earnings per share (EPS) also improved significantly, rising from ₹0.64 to ₹1.61. Overall, these results indicate strong growth and improved profitability for Lactose India

Here are the summarized Q2 results for Lactose India, with all figures presented in crores except for per share values:

Source: Here 

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Lactose India Q2 Results

Lactose India has shared its financial results, showing important numbers for the quarter, half-year, and year ended on September 30, 2024. The revenue from operations for the quarter is ₹3,044.72 lakhs, which is higher than the ₹2,442.57 lakhs from the same quarter last year. This shows the company is making more money from its sales. They also earned other income of ₹29.94 lakhs, leading to a total income of ₹3,074.66 lakhs for this quarter.

Lactose India spent money on various expenses, like the cost of materials, manufacturing, and employee salaries. Their total expenses for the quarter came to ₹2,813.79 lakhs, which is more than last year's expenses but still less than their income. As a result, they had a profit before tax of ₹260.71 lakhs. After paying taxes, the net profit was ₹203.28 lakhs.

Lactose India’s earnings per share is ₹1.61, meaning that each share has generated that amount in profit. The figures show that Lactose India is performing well, with a strong increase in revenue and profit compared to previous periods, which is a positive sign for the business and its shareholders.

Here are the financial results:

(in Lakhs)

Lactose India Financial Performance

Lactose India is a company with a market capitalization of ₹216 crores, meaning this is the total value of all its shares. The current stock price is ₹172, but it has fluctuated between a high of ₹200 and a low of ₹56.5 over a specific period. The price-to-earnings ratio (P/E) is 23.2, indicating how much investors are willing to pay for each unit of earnings. The book value of the company is ₹40.8, showing its net asset value. 

Here’s a summary of the financial data you provided, presented in a clear table format:

Quarterly Results 

The table for Lactose India shows financial data for March 2024, June 2024, and September 2024. In March 2024, the company had sales of 29.40 Crores and an operating profit of 6.11 Crores, resulting in an Operating Profit Margin (OPM) of 20.78%. In June 2024, sales slightly increased to 29.46 Crores, but the operating profit decreased to 5.58 Crores, and the OPM dropped to 18.94%. By September 2024, sales rose to 30.45 Crores, but the operating profit continued to decline to 5.01 Crores, with an OPM of 16.45%. 

Here's the table showing only the data for March 2024, June 2024, and September 2024:

About Lactose India 

Lactose India is a well-respected company that specializes in making Lactose Monohydrate, an important ingredient used in many medicines. The company started in 1991 and has built a strong reputation for delivering high-quality products. They are proud to be the largest manufacturer of Lactose Monohydrate in South East Asia, with a production capacity of 10,000 metric tons per year. This means they can produce a lot of lactose to meet the needs of their customers.

Lactose India focuses on providing excellent customer service, technical support, and customized solutions to help their clients. They understand that quality is very important, so they use advanced manufacturing processes and strict quality control measures to ensure their products are reliable and safe.