JK Lakshmi Cement Ltd s Net Profit up at Rs. 102. 53 Cr.
Posted On: 2021-01-29 07:21:31 (Time Zone: Arizona, USA)
JK Lakshmi Cement Ltd registered a sales of Rs. 1192.80 Cr. in Oct-Dec.20 against sales of Rs. 1004.95 Cr. in Oct-Dec 2019, an increase of 19% aided by significant volume increase. Large volume and Company s concerted efforts to optimise the product mix and improve efficiency parameters enabled the company to boost its profitability. Lower fuel prices in the quarter also contributed in improving the working. EBITDA moved up to Rs. 212.46 Cr. in Oct-Dec. 20 from Rs. 166. 59 Cr. in Oct-Dec. 19 i. e. an increase of 28%. After providing for interest and depreciation, PBT stands at Rs. 127. 15 Cr. in Oct-Dec. 20 against Rs. 75. 35 Cr. in Oct-Dec. 19. After Providing for Taxes and Other Comprehensive Income, Company s Profit rose to Rs. 102.53 Cr. in Oct-Dec.20 from Rs.49.31 Cr. recorded in quarter ended Dec.19 i.e., a jump of 108%.