Q4FY17 Results: J K Lakshmi cements
Amir Shaikh / 17 May 2017
J K Lakshmi cements reported its results for the quarter ended March 31, 2017 on Wednesday.
J K Lakshmi cements reported its results for the quarter ended March 31, 2017 on Wednesday.
The company's total sales for Q4FY17 came in at Rs 806.72 crore, which represents a 20.25 per cent sequential increase and 9.74 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 25.88 crore and its EBIT margin stood at 3.21 per cent.
The company reported PAT of Rs 20.85 crore, which represents a sequential QoQ increase of 174.34 per cent and a YoY decline of 19.4 per cent.
The Board of Directors has recommended a dividend of Rs 0.75 per share on the face value of Rs 5 each.
The stock opened at Rs 527, reached day's high of Rs 535 and closed at Rs 515.10
The company is a manufacturer of cement. The company is engaged in providing cementitious materials. It offers cement under JK Lakshmi Pro+ Cement, JK Lakshmi Cement, JK Lakshmi Power Mix, JK SmartBlox, JK GypGold and JK Lakshmiplast brands.
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