JK Lakshmi Cement Q4 net profit up 10%
Standalone net profit rose 10% to Rs33.34 crore from a year ago, aided by cost cutting
Mumbai: JK Lakshmi Cement Ltd’s standalone net profit rose 10% to Rs33.34 crore in the quarter ended 31 March from a year ago, aided by cost cutting, the company said on Wednesday. Revenue rose 1.7% to Rs535.77 crore.
“We plan to add another 4 million tonnes (mt) of capacity by next fiscal, and are targeting to achieve a total capacity of 10 mt by mid FY15," wholetime director Shailendra Chouksey said.
The current capacity of the company is 5.3 mt.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!