JK Lakshmi Cement Q4 net up 27.8% to ₹43.25 crore1 min read . Updated: 22 May 2019, 07:32 PM IST
- Total income during the March quarter rises 28.78% to ₹1,189.06 crore
- FY19 net profit drops 5.24% at ₹79.56 crore from ₹83.96 crore last year
NEW DELHI: JK Lakshmi Cement Wednesday reported a 27.80% increase in standalone net profit at ₹43.25 crore for the quarter ended March 2019.
The company had reported a net profit of ₹33.84 crore in January-March quarter last year, JK Lakshmi Cement said in a BSE filing.
Total income during the quarter under review rose 28.78% to ₹1,189.06 crore from ₹923.32 crore in the corresponding period last year. Total expenses during March quarter rose 27.21% to ₹1,131.66 crore from ₹889.57 crore last year.
For the entire 2018-19, JK Lakshmi Cement's net profit stood at ₹79.56 crore, down 5.24% from ₹83.96 crore last year. Total income rose 9.94% to ₹3,938.60 crore in 2018-19 from ₹3,582.29 crore last year.
Meanwhile, in a separate filing, the company informed the BSE that its board has recommended a dividend of ₹0.75 per equity share of ₹5 each for 2018-19.
Shares of JK Lakshmi Cement Wednesday closed at ₹371.80 on the BSE, up 1.65% from its previous close.