JK Lakshmi Cement reports over two-fold rise in Q1 net

27 Jul 2012

JK Lakshmi Cement has reported results for first quarter ended June 30, 2012.

On standalone basis, the company has posted a rise of 121.01% in its net profit at Rs 50.28 crore for the quarter ended June 30, 2012 as compared to Rs 22.75 crore for the same quarter in the previous year.  Total income has increased by 34.49% at Rs 534.09 crore for quarter under review as compared to Rs 397.11 crore for the quarter ended June 30, 2011.

The company manufactures wide range of cement. It is part of diversified JK Group having business ventures in various segments such as paper, tyres, sugar, agri genetics and clinic research.

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