NEO Apex has offloaded approximately 342,000 shares of Laxmi Dental, with an average selling price of around ₹249.3 in a recent transaction.
Laxmi Dental Limited
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Laxmi Dental has reported a significant jump in Q4 profits, up by 136.1% Year-on-Year (YoY), reaching Rs 10.09 crore. The revenue also increased by 21.9% YoY to Rs 73.95 crore. EBITDA grew by 41.8% YoY, and improved margins indicate the company's resilience against higher US tariffs, with a margin of 18.3%.
Mansi Broking has acquired approximately 278,074 shares of Laxmi Dental for an average price of ₹248.9 each, indicating a significant investment in the dental company.
Laxmi Dental experienced a significant increase in its Q4 net profit, jumping by 135% year-on-year to reach ₹101 million. The revenue also saw an uptick, reaching ₹722 million compared to the previous year.
Laxmi Dental intends to achieve a 20% compound annual growth rate (CAGR) due to their digital expansion efforts. Their strategy also includes expanding globally, which could significantly increase their growth prospects.