JK Lakshmi Cement has reported results for the fourth quarter and year ended March 31, 2016.
The company has posted a around eight fold jump in its net profit of Rs 48.38 crore for the quarter ended March 31, 2016 as compared to of Rs 6.05 crore for the same quarter in the previous year. Total income of the company has increased by 29.10% at Rs 769.35 crore for quarter under review as compared to Rs 595.94 crore for the quarter ended March 31, 2015.
For the year ended March 31, 2016, the company has posted a fall of 93.43% in its net profit at Rs 6.28 crore as compared to Rs 95.6 crore for the same period in the previous year. However, total income of company increased by 14.77% at Rs 2680.13 crore for year under review as compared to Rs 2335.26 crore for the period ended March 31, 2015.
For the year ended March 31, 2016, on the consolidated basis, the company has posted a fall of 85.49% in its net profit after taxes, minority interest and share of profit/(loss) of associates at Rs 14.94 crore as compared to Rs 102.94 crore for the same period in the previous year. However, total income of company has increased by 15.26% at Rs 2701.23 crore for year under review as compared to Rs 2343.51 crore for the period ended March 31, 2015.
