JK Lakshmi Cement's net profit jumps more than 2 fold at 119 cr for Q1FY22
New Delhi: JK Lakshmi Cement Ltd’s standalone net profit jumped more than two fold at 119 crore for the first quarter of the current fiscal as compared to Rs 44 crore in the same quarter of previous fiscal.
The net sales of the cement maker jumped 49 percent at Rs 1,232 crore for the first quarter of the current fiscal as against Rs 825 crore in the same quarter of the previous fiscal.
The EBITDA of the company rose 54 percent at Rs. 233 crore from Rs 152 crore last year. The earnings per share of the company jumped to Rs 10.09 as compared to Rs 3.77 in 2020.