JK LAKSHMI CEMENT LTD. has reported financial results for the period ended June 30, 2021.
Financial Results (Q1 FY 2021-22) - QoQ Comparison
The company has reported total income of Rs.1342.36 crores during the period ended June 30, 2021 as compared to Rs.1451.72 crores during the period ended March 31, 2021.
The company has posted net profit / (loss) of Rs.131.37 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.152.91 crores for the period ended March 31, 2021.
The company has reported EPS of Rs.11.16 for the period ended June 30, 2021 as compared to Rs.12.99 for the period ended March 31, 2021.
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Total Income | ₹ 1342.36 crs | ₹ 1451.72 crs | -7.53% |
Net Profit | ₹ 131.37 crs | ₹ 152.91 crs | -14.09% |
EPS | ₹ 11.16 | ₹ 12.99 | -14.09% |
Financial Results (Q1 FY 2021-22) - YoY ComparisonThe company has reported total income of Rs.1342.36 crores during the period ended June 30, 2021 as compared to Rs.918.54 crores during the period ended June 30, 2020.
The company has posted net profit / (loss) of Rs.131.37 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.48.92 crores for the period ended June 30, 2020.
The company has reported EPS of Rs.11.16 for the period ended June 30, 2021 as compared to Rs.4.16 for the period ended June 30, 2020.
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Total Income | ₹ 1342.36 crs | ₹ 918.54 crs | 46.14% |
Net Profit | ₹ 131.37 crs | ₹ 48.92 crs | 168.54% |
EPS | ₹ 11.16 | ₹ 4.16 | 168.27% |
Company has faced pressures on the cost of production due to steep increase in price of Petcoke and Diesel. Company has been able to partly mitigate input cost with further optimisation and improvement in the logistics costs, enhanced premium product sales etc. These measures enabled the Company to report 54% jump in its EBITDA from Rs. 151.51 cr. in Apr-June. 20 to Rs. 232. 93 Cr. in Apr-June. 21. After providing for interest and depreciation, PBT stood higher at Rs. 161. 28 Cr. an increase of 147% over Rs. 65. 30 Cr. in Apr-Jun. 20.
Company's 10 MW Waste Heat Recovery Power Project is expected to be completed & commissioned in the third Qtr, of current financial year which will enable the Company to reduce its power cost further.
Shares of JK LAKSHMI CEMENT LTD. was last trading in BSE at Rs. 734.7 as compared to the previous close of Rs. 724.7. The total number of shares traded during the day was 113104 in over 5708 trades.
The stock hit an intraday high of Rs. 815.25 and intraday low of 721.05. The net turnover during the day was Rs. 86490633.
Source : Equity Bulls
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