JK Lakshmi Cement Ltd (JKLC) recorded Net Profit of Rs.49.31 Crore in Oct-Dec, 19 as against Rs. 14.05 Crore in Oct-Dec, 18. Company witnessed an increase in sales to Rs. 1004.95 Crore in Oct-Dec, 19 from Rs. 935 Crore in Oct-Dec, 18 showing a rise of 7%. During the quarter Company has been able to reduce its logistic cost substantially as well as improve its product mix to cut down the cost further. The fuel prices have softened further. These cost reductions enabled the Company to post an EBIDTA of Rs. 166.59 Crore in Oct-Dec, 19 from Rs. 112.19 Crore in Oct-Dec, 18. After providing for interest and depreciation, PBT rose to Rs. 75.35 Crores in Oct-Dec, 19 from Rs. 19.77 Crores in Oct-Dec, 18. After providing for Taxes and Other Comprehensive Income, Company's Profit moved to Rs. 49.31 Crore in Oct-Dec, 19 from Rs. 14.05 Crore logged in year ago Oct-Dec, 18.
During Nine months Apr-Dec, 19 Net Sales were up at Rs. 2982.31 Crore (Rs. 2708. 88 Crore). EBIDTA was up at Rs.497.94 Crore (Rs. 324.10 Crore) while the Company's profit at PAT level was Rs. 134.90 Crore against profit of Rs. 35.70 Crore in the same period last year.
Shares of JK LAKSHMI CEMENT LTD. was last trading in BSE at Rs.370.55 as compared to the previous close of Rs. 374.25. The total number of shares traded during the day was 24635 in over 1885 trades.
The stock hit an intraday high of Rs. 387.55 and intraday low of 359.55. The net turnover during the day was Rs. 9279509.