K Lakshmi Cement Is Implementinga Project Enabling It To Enhance The Tsr From 4 Per Cent 12 In Its Sirohi Plant Jk Has Also Tied Up Witha Private Player For Supply Of 40 Mw Solar Power Durg After Implementation This News Today : Breaking News, Live Updates & Top Stories | Vimarsana
New Delhi [India], February 11 (ANI/NewsVoir): JK Lakshmi Cement recorded an increase in Net Sales by 25 per cent to Rs. 1488.53 Crore in Oct-Dec.22 from Rs. 1193.41 Crore in the corresponding Quarter Oct-Dec.21. In spite of unabated rise in fuel prices, JK Lakshmi Cement improved its profitability on account of higher volume, improved efficiency parameters, optimization of sales and product mix. EBITDA rose to Rs. 175.20 Crore in Oct-Dec.22 from Rs. 162.84 Crore in Oct-Dec.21. After providing for interest and depreciation, PBT stood at Rs. 102.47 Crore in Oct-Dec.22 as against Rs. 90.99 Crore in Oct-Dec.21. After Providing for Taxes and Other Comprehensive Income, JK Lakshmi Cement's Net Profit was higher by 24 per cent at Rs. 74.26 Crore in Oct-Dec.22 against Rs. 59.84 Crore achieved in the corresponding Quarter. During the Nine months April 22-December 22 JK Lakshmi Cement's Sales increased by 23 per cent to Rs. 4342.18 Crore (Rs. 3543.14 Crore) and EBITDA was marginally low