JK Lakhsmi Cement reported an over two-fold jump in profit at Rs 50 crore, Latest Stock Price
JK Lakshmi Cement today reported an over two-fold jump in net profit at Rs 50.28 crore for the first quarter ended June 30, buoyed by a 23% growth in sales volume.
The city-based firm had clocked Rs 22.75 crore net profit during April-June quarter of the last fiscal.
In sync with the rise in sales volume, sales turnover also jumped by 35% to Rs 597 crore from Rs 441 crore a year ago.
JK Lakshmi Cement is investing Rs 1,200 crore to set up the plant Durg in Chhattisgarh having an installed capacity of 2.7 million tonnes per annum.
LATEST STOCK PRICE
No comments:
Post a Comment