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JK Lakshmi Cement s sales rise 19% in Oct-Dec 2020 01 February 2021 JK Lakshmi Cement Ltd recorded sales of INR11,928m (US$163.27m) in October to December 2020 compared to INR10,049.5m in October to December 2018, a rise of 19 per cent. JK Lakshmi Cement’s efforts to raise the product mix and improve efficiency parameters combined with increased demand boosted company profitability. EBITDA rose to INR2124.6m in October to December 2020 from INR1665.9m in the same period in the prior year, up 28 per cent. profits before tax stood at INR1271.5m in October to December 2020 up from INR753.5m in October to December 2019. Power consumption was reduced to 69kWh/t in October to December 2020 from 70kWh/t in the same 2019 period. During the nine months from April to December 2020, net sales rose by three per cent to INR3067.2m compared to INR29,823.1m in the same period of 2019. ....
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%. ....
Read more about Volumes soar at Max Financial Services Ltd counter on Business Standard. Max Financial Services Ltd recorded volume of 1.73 lakh shares by 10:48 IST on BSE, a 3.51 times surge over two-week average daily volume of 49210 shares ....
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