JK Lakshmi Cement turns black in Q1

JK Lakshmi Cement has reported results for the first quarter ended June 30, 2016.

The company has reported a net profit after tax of Rs 28.64 crore for the quarter as against net loss of Rs 23.48 crore for the same quarter in the previous year. Total income of the company increased by 32.33% at Rs 787.64 crore for quarter under review as compared to Rs 595.19 crore for the quarter ended June 30, 2015.

JK Lakshmi Cement is engaged in the manufacturing of grey cement at its plants located at Sirohi, Rajasthan and at Kalol, Gujarat.