JK Lakshmi Cement reports near eight-fold jump in Q2 net profit

23 Oct 2012

JK Lakshmi Cement has reported results for second quarter ended September 30, 2012. 

The company has registered about eight fold jump in its net profit at Rs 50.88 crore for the quarter ended September 30, 2012 as compared to Rs 6.49 crore for the same quarter in the previous year. Total income has increased by 38.76% at Rs 491.41 crore for quarter under review as compared to Rs 354.14 crore for the quarter ended September 30, 2011.

The company is engaged in the manufacturing of grey cement at its plants located at Sirohi, Rajasthan, with an installed capacity of 4.2 million tonnes per annum (mtpa), and at Kalol, Gujarat, with an installed capacity of 0.55 mtpa as on March 31, 2012.

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