Laxmi Dental Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting
12-08-2025 | 07:09 pm
12-08-2025 | 07:09 pm
Laxmi Dental's board met and approved the consolidated financial results for the quarter ended June 30, 2025. The company reported revenue from operations of **Rs 64.32 Cr** and a profit after tax of **Rs 8.33 Cr**.
Strategically, the board gave in-principal approval to acquire a 49% equity stake and 9% Compulsorily Convertible Preference Shares (CCPS) in IDBG Al Dent Global Private Limited for around **Rs 2.00 Cr**, signaling future growth. The company also confirmed **Rs 65.80 Cr** from IPO proceeds are unutilized and held in fixed deposits, highlighting strong financial flexibility.
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