JK Lakshmi Cement Q1 Profit Down 15.27%, Sales Drop 9.61% | News
JK Lakshmi Cement reported a 15.27% decline in Q1 profit to Rs 67.60 crore, while revenue from operations fell 9.61% to Rs 1,563.88 crore.
Photograph: Amit Dave/Reuters
New Delhi, Jul 31 (PTI) JK Lakshmi Cement Ltd on Wednesday reported a fall of 15.27 per cent in consolidated net profit at Rs 67.60 crore for the first quarter ended June 30, 2024.
The company had posted a profit of Rs 79.79 crore in the April-June period a year ago, JK Cement said in a regulatory filing.
Its revenue from operations was down 9.61 per cent at Rs 1,563.88 crore during the quarter under review. It was at Rs 1,730.25 crore in the corresponding period a year ago.
JK Cement's total expenses were at Rs 1,461.61 crore in the June quarter, lower by 10 per cent over the year-ago period.
The total income of JK Lakshmi Cement was Rs 1,576.96 crore in the first quarter of this fiscal, down 9.44 per cent from the corresponding period a year ago.
Shares of JK Lakshmi Cement Ltd on Wednesday settled at Rs 885.60 on BSE, down 1.79 per cent.
The company had posted a profit of Rs 79.79 crore in the April-June period a year ago, JK Cement said in a regulatory filing.
Its revenue from operations was down 9.61 per cent at Rs 1,563.88 crore during the quarter under review. It was at Rs 1,730.25 crore in the corresponding period a year ago.
JK Cement's total expenses were at Rs 1,461.61 crore in the June quarter, lower by 10 per cent over the year-ago period.
The total income of JK Lakshmi Cement was Rs 1,576.96 crore in the first quarter of this fiscal, down 9.44 per cent from the corresponding period a year ago.
Shares of JK Lakshmi Cement Ltd on Wednesday settled at Rs 885.60 on BSE, down 1.79 per cent.
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