Jk Lakshmi Cement Limited Reports Earnings Results for the Third Quarter Ended December 31, 2020
January 29, 2021 at 07:11 am
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JK Lakshmi Cement Limited announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was INR 12,802.2 million compared to INR 10,929.1 million a year ago. Net income was INR 1,140 million compared to INR 504.1 million a year ago. Basic earnings per share from continuing operations was INR 9.69 compared to INR 4.28 a year ago. For the nine months, total revenue was INR 33,483.6 million compared to INR 32,531.7 million a year ago. Net income was INR 2,524.7 million compared to INR 1,488.9 million a year ago. Basic earnings per share from continuing operations was INR 21.46 compared to INR 12.65 a year ago.
JK Lakshmi Cement Limited is an India-based company that is engaged in the manufacturing of cement. The Company is a manufacturer and supplier of cement and cementitious products like ready-mix concrete (RMC) and autoclaved aerated concrete (AAC) Blocks with manufacturing facilities in the state of Rajasthan, Chhattisgarh, Gujarat, Haryana, Uttar Pradesh, and Odisha. Its product range includes an array of cement products like ordinary portland cement (OPC), portland pozzolana cement (PPC), portland slag cement (PSC) and composite cement. In addition to cement products, the Company provides a host of value-added products and services such as RMC, gypsum plaster, wall putty, autoclaved aerated blocks, construction chemicals and adhesives. Its cement brand includes JK Lakshmi Cement, JK Lakshmi PRO+ Cement, Platinum Heavy Duty Cement, Platinum Supreme Cement. Its Value-added solutions include JK Lakshmiplast Gypsum Plaster, JK Smartbond Mortar, JK Lakshmi Smart Serv Cement, and others.