JK Lakshmi Cement Limited Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 31, 2018 at 04:51 pm IST
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JK Lakshmi Cement Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, the company's total income from operations was INR 8,374.1 million compared to INR 7,509.2 million a year ago. EBITDA was INR 1,089.5 million compared to INR 978.4 million a year ago. Profit before tax was INR 127.2 million compared to INR 49.2 million a year ago. Net profit after tax was INR 85.9 million compared to INR 76.0 million a year ago. Basic and diluted earnings per share before and after extraordinary items was INR 0.73 compared to INR 0.65 a year ago.
For the nine months, the company's total income from operations was INR 26,172.4 million compared to INR 23,558.4 million a year ago. EBITDA was INR 3,518.2 million compared to INR 3,373.7 million a year ago. Profit before tax was INR 689.6 million compared to INR 686.6 million a year ago. Net profit after tax was INR 501.2 million compared to INR 611.5 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 4.26 compared to INR 5.20 a year ago.
JK Lakshmi Cement Limited is an India-based company that is engaged in the manufacturing of cement. The Company is a manufacturer and supplier of cement and cementitious products like ready-mix concrete (RMC) and autoclaved aerated concrete (AAC) Blocks with manufacturing facilities in the state of Rajasthan, Chhattisgarh, Gujarat, Haryana, Uttar Pradesh, and Odisha. Its product range includes an array of cement products like ordinary portland cement (OPC), portland pozzolana cement (PPC), portland slag cement (PSC) and composite cement. In addition to cement products, the Company provides a host of value-added products and services such as RMC, gypsum plaster, wall putty, autoclaved aerated blocks, construction chemicals and adhesives. Its cement brand includes JK Lakshmi Cement, JK Lakshmi PRO+ Cement, Platinum Heavy Duty Cement, Platinum Supreme Cement. Its Value-added solutions include JK Lakshmiplast Gypsum Plaster, JK Smartbond Mortar, JK Lakshmi Smart Serv Cement, and others.