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JK Lakshmi Cement reports net profit of Rs 7.6 crore in Q3FY17

04 Feb 2017 Evaluate

JK Lakshmi Cement has reported results for third quarter ended December 31, 2016.  

The company has reported net profit after tax of Rs 7.6 crore for the quarter ended December 31, 2016 as compared to net loss of Rs 0.57 crore for the same quarter in the previous year. Total income of the company increased by 2.48% at Rs 766.11 crore for the quarter under review as compared Rs 747.56 crore for the corresponding quarter previous year.   

JK Lakshmi Cement, part of the $4 billion JK Group, operates integrated cement facilities at Sirohi (Rajashthan), Durg (Chhatisgarh), Kalol and Surat (Gujarat) and Jharli (Haryana). Currently, it produces 8.4 million tonnes annually and its capacity is scheduled to go up to 12 million tonnes per annum shortly.

Peers
Company Name CMP
Ultratech Cement 10750.00
Ambuja Cements 382.10
ACC 1223.40
Shree Cement 21956.00
Dalmia Bharat 1687.95
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