Latest news with #JKLakshmiCement
Business Standard
28-05-2025
- Business
- Business Standard
JK Lakshmi Q4 PAT slides 3% YoY to Rs 138 crore
JK Lakshmi Cement reported a 3.08% decline in standalone net profit to Rs 137.96 crore in Q4 FY25 as against Rs 142.35 crore posted in the same quarter last year. However, revenue from operations increased by 5.52% year-on-year (YoY) to Rs 1,738.82 crore in the fourth quarter. Sales volume for the period under review stood at 25.70 lakh tonnes, showing a marginal increase YoY. Profit before interest, depreciation, and tax (PBIDT) stood at Rs 257.54 crore in the March 2025 quarter, registering a de-growth of 12.23% YoY. Profit before tax (PBT) in Q4 FY25 declined 14.96% to Rs 189.91 crore, compared to Rs 223.32 crore in Q4 FY24. On a consolidated basis, the companys net profit jumped 16.89% to Rs 183.54 crore on a 5.52% rise in revenue from operations to Rs 1,738.82 crore in Q4 FY25 over Q4 FY24. On a full-year basis, the company reported a 14.81% decrease in standalone net profit of Rs 361.45 crore on a 9.83% decline in revenue from operations to Rs 5,697.97 crore in FY25 over FY24. As part of its green initiatives, the company is implementing a project at its Sirohi Cement Plant to enhance its Thermal Substitution Rate (TSR) from 4% to 16% in a phased manner. During the quarter, renewable power accounted for 50% of the companys total power mix. On the capital expenditure front, the company is expanding its cement grinding capacity at the Surat Grinding Unit from 1.35 million tonnes to 2.7 million tonnes. The project is expected to cost Rs 225 crore, to be funded through term loans of Rs 150 crore from banks, with the balance coming from internal accruals. Also Read Additionally, the company is setting up a railway siding at its Durg Cement Plant at a cost of Rs 325 crore. This will be funded through debt of Rs 225 crore and the remaining amount through internal accruals. JK Lakshmi Cement is also expanding clinker capacity at its integrated cement plant in Durg, Chhattisgarh, by installing an additional clinker line of 2.3 million tonnes per annum and four cement grinding units aggregating to 4.6 million tonnes per annum at the same location. Furthermore, the company is establishing three split-location cement grinding units with a total cement grinding capacity of 3.4 million tonnes per annum at Prayagraj in Uttar Pradesh, Madhubani in Bihar, and Patratu in Jharkhand. The entire project is estimated to cost Rs 2,500 crore and will be funded through term loans of Rs 1,750 crore from banks, with the remaining balance sourced from internal accruals. JK Lakshmi Cement is a cement manufacturer with a presence in Northern, Western, and Eastern India's cement markets. The counter shed 0.45% to Rs 862.70 on the BSE. Powered by Capital Market - Live News
Business Recorder
28-05-2025
- Business
- Business Recorder
India's JK Lakshmi Cement posts quarterly profit drop on weaker prices
India's JK Lakshmi Cement reported a lower fourth-quarter profit on Tuesday, as rising costs and softer prices overshadowed volume growth in a seasonally strong period. Standalone net profit after tax fell 3% to 1.38 billion rupees ($16 million) during the January-March quarter. Adani Group in talks to buy Heidelberg's Indian cement operations, ET reports Revenue from operations rose 5.5%, while costs increased 6%.
Business Standard
28-05-2025
- Business
- Business Standard
JK Lakshmi Cement consolidated net profit rises 16.90% in the March 2025 quarter
Sales rise 6.56% to Rs 1897.62 crore Net profit of JK Lakshmi Cement rose 16.90% to Rs 183.54 crore in the quarter ended March 2025 as against Rs 157.01 crore during the previous quarter ended March 2024. Sales rose 6.56% to Rs 1897.62 crore in the quarter ended March 2025 as against Rs 1780.85 crore during the previous quarter ended March 2024. For the full year,net profit declined 36.58% to Rs 299.25 crore in the year ended March 2025 as against Rs 471.82 crore during the previous year ended March 2024. Sales declined 8.78% to Rs 6192.62 crore in the year ended March 2025 as against Rs 6788.47 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 1897.621780.85 7 6192.626788.47 -9 OPM % 18.5118.88 - 13.9515.49 - PBDT 330.14317.87 4 729.22969.55 -25 PBT 253.48250.00 1 429.80723.60 -41 NP 183.54157.01 17 299.25471.82 -37
Business Upturn
28-05-2025
- Business
- Business Upturn
Stocks to watch today on May 28: ITC, LIC, Goodyear, IRFC, Sonata Software, Vodafone Idea, Balrampur Chini Mills in focus
Indian equity markets are set for an eventful trading session today, with several companies in the spotlight following their Q4 FY24-25 earnings reports, corporate actions, and block deals. Positive earnings and developments A host of companies reported strong YoY growth in net profit and revenue, signaling improving business fundamentals: JK Lakshmi Cement , EID Parry , Black Box , Goodyear India , Triveni , Nuvama , Medplus , Hind Copper , and Supriya Lifescience delivered healthy quarterly numbers. Precision Camshafts posted a sharp jump in net profit to ₹40.44 crore (vs ₹3.34 crore YoY) despite a fall in revenue. NMDC Steel and ITI narrowed their losses YoY, while companies like Bodal Chem , Entero , and Time Technoplast posted robust performance. Stake purchases by institutional investors in PGEL, Borana Weaves, Camlin Fine Sciences, and Cosmo First added to positive sentiment. Corporate actions and strategic updates Balrampur Chini Mills launched Balrampur Bioyug , India's first PLA biopolymer brand. Sonata Software entered into a partnership with Qualtrics to enhance customer experience solutions. Jupiter Wagons' subsidiary signed an MoU with Pickkup to accelerate EV adoption. Neutral updates Large-cap names like LIC , ITC , Bosch , P&G , and Bharti Airtel reported stable or mixed financials. Tata Steel filed a fresh writ in the Delhi High Court seeking compensation related to coal block cancellation. Vodafone Idea will consider a fundraising plan on May 30 amid mounting AGR dues. Colgate, ITC, and Kennametal India are trading ex-dividend today, while Tata Consumer will go ex-dividend tomorrow. Negative earnings A few companies reported weaker quarterly performance: Rico Auto, JTL Industries, Network People Services, Oriental Aromatics, and DCX Systems saw sharp declines in profits YoY. Investors are likely to keep an eye on these stocks for potential price action as Q4 earnings season enters its final leg. Disclaimer: The views and financial data presented in this article are based on publicly available information and do not constitute investment advice. Business Upturn does not recommend buying, selling, or holding any financial instruments. News desk at
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Business Standard
27-05-2025
- Business
- Business Standard
JK Lakshmi Cement Q4 result: Profit rises 19% to ₹193 cr on cost efficiency
JK Lakshmi Cement on Tuesday reported 19.2 per cent increase in consolidated net profit at Rs 193.17 crore for March quarter FY25, helped by volume growth and cost efficiencies. The company had posted a profit of Rs 162.06 crore for the January-March period a year ago, according to a regulatory filing from JK Lakshmi Cement Ltd (JKLC), a flagship company of JK Organization. Revenue from operations was up 6.5 per cent year-on-year at Rs 1,897.62 crore in the March quarter. The profitability of the company improved sequentially on account of higher volume, better product & market mix and reduction in fuel cost, Chairperson & Managing Director Vinita Singhania said. Total expenses in the quarter were at Rs 1,667.44 crore, up 7.10 per cent year-on-year. Sales volume was down 10.3 per cent to 35.98 lakh tonne in the quarter. Total income, which includes other income, was also up 5.88 per cent to Rs 1,913.55 crore. However, in FY25, JKCL's net profit declined 38.1 per cent to Rs 301.99 crore from Rs 487.87 crore a year ago. Total income was down 9 per cent to Rs 6,239.05 crore. About the capex, JKCL informed it is expanding its cement grinding capacity at its Surat grinding unit from 1.35 million tonne to 2.7 million tonne. "The project is likely to cost Rs 225 crore to be funded through term loans from bank of Rs 150 crore and the balance from internal accruals," it said. Besides, it is putting a railway siding at its Durg cement plant at a cost of Rs 325 crore, which will be funded through a debt of Rs 225 crore and rest through internal accruals. It is also expanding the clinker capacity at its integrated cement plant in Durg in Chhattisgarh, Prayagraj in Uttar Pradesh, Madhubani in Bihar and Patratu in Jharkhand. "The project is likely to cost Rs 2,500 crore and is proposed to be funded through term loans from banks of Rs 1,750 crore and the balance through internal accruals," it said. Over the outlook for the cement sector, the firm said it is positive in the coming year, considering the government's continuous focus on infrastructure development and higher budgetary allocation towards infrastructure development and various other initiatives for housing & road development. Shares of JKLC on Tuesday settled at Rs 866.60 per scrip on BSE, down 0.89 per cent from the previous close. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
