JK Lakshmi Cement net profit jumps 133% at Rs 118 cr for Q3FY21
New Delhi: JK Lakshmi Cement’s consolidated net profit jumped 133 percent in the third quarter of the current fiscal at Rs 118 crore as compred to Rs 50 crore in the corresponding quarter of the previous fiscal.
It’s consolidated total income jumped 17 percent to Rs 1,280 crore in the third quarter of the current fiscal as compared to Rs 1,092 crore in the same quarter last year.
The cement maker has been able to cut down power consumption to around 69 kwh/ton in the latest quarter. It has maintained 100 percent asset cover in respect of listed, secured, non-convertible debentures totaling to Rs 225 crore.