JK Lakshmi Cement Ltd’s net profit jumps more than two-fold to Rs 101.21 cr for Q4Fy20

New Delhi: JK Lakshmi Cement Ltd’s net profit jumped more than two-fold to Rs 101.21 crore for the fourth quarter of the 2019-20 fiscal  as compared to Rs 44.4 crore in the corresponding quarter of the previous fiscal.

The net sales of the company, however, dropped by about 10 percent to Rs 1,061.19 crore for the fourth quarter of the 2019-20 fiscal as compared to Rs 1,172.46 crore in the corresponding quarter of the previous fiscal.

The EBITDA of the company stood at Rs 224.52 crore for the fourth quarter of the 2019-20 fiscal. In the year ago period, the EBIDTA was Rs 148.06 crore, the company said in a statement.

For the entire fiscal 2019-20, the net profit of the company was Rs 236.11 crore as compared to Rs 80.10 crore in the previous fiscal. The net sales of the company for the whole of 2019-20 fiscal stood at Rs 4,043.50 crore. The net sales of the company in the previous fiscal were Rs 3,882.34 crore.     

 

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