JK Lakshmi Cement Q1FY18 Result: Net profit surges 35.73 per cent QoQ
DSIJ Intelligence / 03 Aug 2017
JK Lakshmi Cement reported its results for the quarter ended June 30, 2017 day.
JK Lakshmi Cement reported its results for the quarter ended June 30, 2017 day.
The company's total sales for Q1FY18 came in at Rs 1003.18 crore, which represents a 10.94 per cent sequential increase and 15.07 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 76.45 crore and its EBIT margin stood at 7.62 per cent.
The company reported PAT of Rs 28.3 crore, which represents a sequential QoQ increase of 35.73 per cent and a YoY decline of 1.19 per cent.
The company's stock opened at Rs 455.80 on the BSE and recorded intra-day high and low of Rs 457.75 and Rs 447, respectively.
JK Lakshmi Cement manufactures and sells cement in India. The company offers portland pozzolana blended cement and 53 grade and 43 grade ordinary portland cement under the brand name JK Lakshmi Cement and JK Lakshmi PRO+ cement for use in R.C.C. and industrial works, plastering, underground structures, dams, heavy machinery foundations, marine structures, hydropower stations, commercial buildings, industrial constructions, multi-storeyed complexes and cement concrete roads.
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