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Broker's call: JK Lakshmi Cement (Buy) - The Hindu BusinessLine

Broker's call: JK Lakshmi Cement (Buy) - The Hindu BusinessLine
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Udaipur Cement Works Ltd , Durg Plant ,

JK Lakshmi Cement Q3 results: Net Profit up 24 per cent at Rs 74.26 Cr. in Oct-Dec'22

New Delhi [India], February 11 (ANI/NewsVoir): JK Lakshmi Cement recorded an increase in Net Sales by 25 per cent to Rs. 1488.53 Crore in Oct-Dec.22 from Rs. 1193.41 Crore in the corresponding Quarter Oct-Dec.21. In spite of unabated rise in fuel prices, JK Lakshmi Cement improved its profitability on account of higher volume, improved efficiency parameters, optimization of sales and product mix. EBITDA rose to Rs. 175.20 Crore in Oct-Dec.22 from Rs. 162.84 Crore in Oct-Dec.21. After providing for interest and depreciation, PBT stood at Rs. 102.47 Crore in Oct-Dec.22 as against Rs. 90.99 Crore in Oct-Dec.21. After Providing for Taxes and Other Comprehensive Income, JK Lakshmi Cement's Net Profit was higher by 24 per cent at Rs. 74.26 Crore in Oct-Dec.22 against Rs. 59.84 Crore achieved in the corresponding Quarter. During the Nine months April 22-December 22 JK Lakshmi Cement's Sales increased by 23 per cent to Rs. 4342.18 Crore (Rs. 3543.14 Crore) and EBITDA was marginally low ....

Jammu And Kashmir , Madhya Pradesh , New Delhi , Uttar Pradesh , Share Of Renewable Energy , Net Sales , Quarter Oct Dec , Net Profit , After Implementation , Solar Plant , Renewable Energy , Durg Plant , West Bengal , Wall Putty , Ready Mix Concrete , White Cement , High Grade Gypsum Plaster , Autoclaved Aerated Concrete , New Delhi India , Ebruary 11 Ani Newsvoir Jk Lakshmi Cement Recorded An Increase In Net Sales By 25 Per Cent To Rs 1488 53 Crore Oct Dec 22 From 1193 41 The Corresponding Quarter 21 Spite Of Unabated Rise Fuel Prices , K Lakshmi Cement Improved Its Profitability On Account Of Higher Volume , Mproved Efficiency Parameters , Ptimization Of Sales And Product Mix Ebitda Rose To Rs 175 20 Crore In Oct Dec 22 From 162 84 21 After Providing For Interest Depreciation , Bt Stood At Rs 102 47 Crore In Oct Dec 22 As Against 90 99 21 After Providing For Taxes And Other Comprehensive Income , K Lakshmi Cement 39s Net Profit Was Higher By 24 Per Cent At Rs 74 26 Crore In Oct Dec 22 Against 59 84 Achieved The Corresponding Quarter During Nine Months April December Jk Sales Increased 23 To 4342 18 3543 14 And Ebitda Marginally Lower 559 61 574 65 This Period 235 47 256 30 Same Last Year Further Optimize Its Energy Cost , K Lakshmi Cement Is Implementinga Project Enabling It To Enhance The Tsr From 4 Per Cent 12 In Its Sirohi Plant Jk Has Also Tied Up Witha Private Player For Supply Of 40 Mw Solar Power Durg After Implementation This ,

JK Lakshmi Cement signs solar power agreement

JK Lakshmi Cement on has signed an agreement with Amplus Solar to set up a 56MWp solar power plant for its Durg facility , located in Chhattisgarh. Th. ....

Jammu And Kashmir , Uttar Pradesh , Tarun Shukla , Jk Lakshmi Cement Ltd , Amplus Solar , Green Pahal , Behtar Kal , Durg Plant , Jk Lakshmi Cement , Solar Power , Indian Sub Continent ,

JK Lakshmi Cement ties up with Amplus for solar power plant

With this initiative, JK Lakshmi Cement in the very first year will be able to replace 92 million units with green electricity that will help reduce its CO2 emissions by 73,000 metric tons, equivalent to over 33 lakh trees saved ....

Jammu And Kashmir , Uttar Pradesh , Vinita Singhania , Tarun Shukla , Sharad Pungalia , Jk Lakshmi Cement Ltd , Green Pahal , Behtar Kal , Vice Chairperson , Managing Director , Durg Plant , Jk Lakshmi Cement , Solar Power , Green Electricity , Co2 Emissions ,